US Treasury Secretary Yellen says it seems unlikely that Interest Rates will return to levels as low as before the Covid-19 pandemic
More:
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- Tax credit rules on foreign entities of concern will make it increasingly difficult for u.s.-Produced evs to contain Chinese battery content
- Asked if more US tariffs were needed on Chinese EVs, says Biden is committed to ensuring that US EV industry is successful
Yellen's comments on pre-pandemic interest rate levels ... yeah she is correct for the foreseeable future at least. Of course, never say never in financial markets but the with fed funds north of 5% and inflation ticky we ain't gonna see zero and just above for a long time.
