Janet Yellen Says Much Lower For Much Longer

Janet Yellen, via a recent statement to the press, implies that interest rates will be much lower than current levels for the next 10 years. She is treading carefully amidst rising interest expenses. Though the Fed is combating inflation, the critical need for lower rates is clear. A CBO graph by Bianco Research shows interest costs could overwhelm tax revenues, suggesting that without maintaining lower interest rates, the nation faces potential bankruptcy.