Treasury Secretary Yellen Does Not Address Interest Rate Cuts in Speech
CryptoNewsTerminal Staff05 Sep, 2024
Treasury Secretary Yellen Does Not Address Interest Rate Cuts in Speech
Treasury Secretary Janet Yellen did not address the timing of interest rate cuts in her speech on Tuesday in North Carolina. Indicators of consumer and business spending have been solid, Yellen said. The US labor market is strong and healthy and is no longer a source of inflationary pressure. Mortgage rates could still come down further.
