{"id":78430,"date":"2021-06-07T00:15:03","date_gmt":"2021-06-07T04:15:03","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=78430"},"modified":"2021-06-06T23:08:14","modified_gmt":"2021-06-07T03:08:14","slug":"higher-interest-rates-would-be-good-for-the-country-treasury-secretary-yellen-says","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2021\/higher-interest-rates-would-be-good-for-the-country-treasury-secretary-yellen-says.html","title":{"rendered":"Higher interest rates would be good for the country, Treasury Secretary Yellen says"},"content":{"rendered":"\n<p>(CNBC) U.S. Treasury Secretary <a href=\"https:\/\/www.cnbc.com\/janet-yellen\/\">Janet Yellen<\/a> said that President <a href=\"https:\/\/www.cnbc.com\/joe-biden\/\">Joe Biden<\/a>\u2019s $4 trillion spending proposal would be positive for the country, even if it leads to a rise in interest rates. <a rel=\"noreferrer noopener\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-06-06\/yellen-says-higher-interest-rates-would-be-plus-for-u-s-fed\" target=\"_blank\">During an interview with Bloomberg News<\/a>, the former Federal Reserve chair\u00a0said the president\u2019s plans would total about $400 billion each year \u2014 a level of spending she argued was not enough to create an inflation over-run.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/06\/06\/higher-interest-rates-would-be-good-for-the-country-treasury-secretary-yellen-says-.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) U.S. Treasury Secretary Janet Yellen said that President Joe Biden\u2019s $4 trillion spending proposal would be positive for the country, even if it leads to a rise in interest rates. During an interview with Bloomberg News, the former Federal [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-78430","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78430","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=78430"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78430\/revisions"}],"predecessor-version":[{"id":78431,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78430\/revisions\/78431"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=78430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=78430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=78430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}