Treasury Secretary Janet Yellen said Tuesday she is neither predicting nor recommending that the Federal Reserve raise interest rates as a result of President Biden’s spending plans, walking back her comments earlier in the day that rates might need to rise to keep the economy from overheating.

Yellen back off comment on rates, inflation
Yellen back off comment on rates, inflation
Yellen back off comment on rates, inflation
Yellen back off comment on rates, inflation
Yellen back off comment on rates, inflation