U.S. Treasury Secretary Janet Yellen: U.S. interest rates are "unlikely" to return to pre-pandemic levels

U.S. Treasury Secretary Janet Yellen said that inflation continues to be on a downward trend. The new White House projections reflect the new "reality". The interest rate assumptions in Biden's budget plan are "reasonable," consistent with broad projections. It seems unlikely that interest rates will return to pre-pandemic lows.
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