Yellen says U.S. debt ceiling could pinch in summer

U.S. Treasury Secretary Janet Yellen speaks as she joins White House Press Secretary Jen Psaki for the daily press briefing at the White House in Washington, U.S. May 7, 2021. REUTERS/Jonathan ErnstWASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on…

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Treasury's Yellen: Interest rates may need to rise modestly

FILE PHOTO: U.S. Treasury Secretary-designate Janet Yellen in Wilmington, Delaware, U.S., December 1, 2020. REUTERS/Leah Millis(Reuters) -U.S. interest rates may need to rise to prevent the economy from overheating as more of U.S. President Joe Biden’s economic investment programs come…

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