Janet Yellen says she disagrees with Moody’s outlook on US debt
ReutersLast Updated: Nov 14, 2023, 08:02 AM IST
Synopsis
“This is a decision I disagree with,” she said at a news conference in San Francisco.
ReutersU.S. Treasury Secretary Janet Yellen
U.S. Treasury Secretary Janet Yellen on Monday pushed back on Moody’s decision last week to cut its outlook on U.S. debt, saying the U.S. economy is strong and the Treasury market is both safe and liquid.
“This is a decision I disagree with,” she said at a news conference in San Francisco.
She also called on House Republicans to work to avoid a partial government shutdown that could come as soon as the end of this week. The possibility poses “an unnecessary economic headwind,” she said.
(Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)
Download The Economic Times News App to get Daily Market Updates & Live Business News.
…moreless
Stories you might be interested in
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : IndiaTimes – https://economictimes.indiatimes.com/news/international/business/janet-yellen-says-she-disagrees-with-moodys-outlook-on-us-debt/articleshow/105196826.cms
