Personal Finance

Yellen Shuts Powell Up – CONTAGION!

Yellen Shuts Powell Up – CONTAGION!

Janet Yellen, Treasury Secretary, was previously the Chairman of the Federal Reserve and she gave testimony at the House Financial Stability Committee on Tuesday. I watched the entire hours-long broadcast to understand what the Biden Administration is focusing on, and I think the most important takes are that Yellen (in other words, Biden) wants rate cuts.

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