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US interest rates may have to rise if economy heats up: Yellen

US interest rates may have to increase "somewhat" to keep a lid on inflation if President Joe Biden's latest spending proposals are enacted and the economy heats up, Treasury Secretary Janet Yellen said Tuesday. "It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat," Yellen said in a pre-recorded conversation with The Atlantic.
Read more on: newsbreak.com