i m laura jarrett. happy friday. happy friday. i m christine romans. nice to see you. march 12th. 5 a.m. exactly in new york. start the clock. president biden offering this hopeful path out of the pandemic and he s giving a time line by early summer. in the first primetime address he urged all-americans to do their part. if we do all of this, if we do our part, if we do this together, by july the 4th there s a good chance you, family and friends will be able to get together in your backyard, neighborhood, have a cookout, barbecue, celebrate independence day. here the president urging all states to make all adults eligible for a vaccine available in two months. jasmine, we have dates here. vaccines on the way for everyone. lay out the president s goals. reporter: well, last night, laura, the president really did two things. he tapped into the empathizer in chief role that we are getting to know from him so well meeting with americans, as you said, to do their part. he
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Welcome to the Capital Note, a newsletter about business, finance, and economics. On the menu today: Yellen says something (and then unsays it), Joe Biden, Peronist, Biden and Brussels against Ireland, and Richard Nixon and Arthur Burns. To sign up for the Capital Note, follow this link.
Yellen’ Fire
No, that’s not what really what Treasury Secretary Yellen did on Tuesday, but sometimes the lure of a bad pun is too hard to resist.
CNBC had a more sober assessment:
Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on in part by trillions of dollars in government stimulus spending.
Inflation, Interest Rates, and Janet Yellen Andrew Stuttaford
Welcome to the Capital Note, a newsletter about business, finance, and economics. On the menu today: Yellen says something (and then unsays it), Joe Biden, Peronist, Biden and Brussels against Ireland, and Richard Nixon and Arthur Burns. To sign up for the Capital Note, follow this link.
Yellen’ Fire No, that’s not what really what Treasury secretary Yellen did on Tuesday, but sometimes the lure of a bad pun is too hard to resist.
CNBC had a more sober assessment:
Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on in part by trillions of dollars in government stimulus spending.