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Yellen: views on fiscal space have changed since 2017, partly due to low rates
US TREASURY SECRETARY YELLEN: MY VIEWS ON US FISCAL SPACE HAVE CHANGED SINCE 2017, IN PART BECAUSE INTEREST RATES HAVE BEEN LOW.
— Breaking Market News (@financialjuice) March 24, 2021
Added at 10:48am
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US Tsy's Yellen Q&A: Re debt, have to have policy over time on sustainable path. With low interest rates, debt capacity greater. Low rates "likely to continue." Debt/GDP ratio near 100% has not raised rates. Doesn't mean "anything goes." To need to raise revenue. #Yellen #debt
— Mace News (@MaceNewsMacro) March 24, 2021
Added at 10:48am
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Treasury's Yellen notes "if a country has too much debt it may drive up interest rates."
— Michael S. Derby (@michaelsderby) March 24, 2021
Added at 11:03am
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YELLEN SAYS ECONOMY IS NOT AT A PLACE WHERE SMALL BUSINESSES ARE ABLE TO THRIVE; WOULD SUPPORT A PPP EXTENSION
— Inara Bright (@InaraBright) March 24, 2021