U.S. Treasury Secretary Janet Yellen has stressed the importance of managing U.S. borrowing needs amid higher long-term interest rates, emphasizing the need to boost revenue in budget negotiations. “We’ve raised the interest-rate forecast. That does make a difference. It makes it somewhat more challenging to keep deficits and interest expense under control,” Yellen told Bloomberg […]News Bytes, Biden Administration, budget negotiations, debt management, Federal Reserve, fiscal trajectory, interest rates, Janet Yellen, News Bytes – 2, revenue, Treasury Secretary, US borrowingRead More

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