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Yellen: Negative Moody’s outlook on US is ‘a decision that I disagree with’
The Hill ^ | 11/14/2023 | TAYLOR GIORNO

Posted on 11/14/2023 7:38:35 AM PST by ChicagoConservative27

Treasury Secretary Janet Yellen said she disagrees with the recent move by Moody’s Investors Service’s to shift the U.S. outlook from stable to negative.

“The American economy is fundamentally strong and Treasury securities remain the world’s preeminent safe and liquid asset,” Yellen said Monday following the APEC Finance Ministers’ Meeting in San Francisco.

The Moody’s move is “a decision that I disagree with,” Yellen added.

While the U.S. still has its “AAA” rating from Moody’s, the agency called higher interest rates and the rising debt a risk to America’s fiscal strength.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: disagree; economy; moodys; outlook; yellen
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We will have trillion dollar interest payments soon you stupid hag retard.
1 posted on 11/14/2023 7:38:35 AM PST by ChicagoConservative27
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To: ChicagoConservative27

sounds like carters malaise/crisis of confidence speech to me.


2 posted on 11/14/2023 7:41:03 AM PST by Samurai_Jack (This is not about hypocrisy, this is about hierarchy!)
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To: ChicagoConservative27

Send them out to the (Jan 6) cornfield to get their minds right, Janet?


3 posted on 11/14/2023 7:41:14 AM PST by RckyRaCoCo (Please Pray For My Brother Ken.)
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To: ChicagoConservative27

I disagree with my credit rating too. That does not make my creditors any more or less willing to lend to me at favorable rates.


4 posted on 11/14/2023 7:46:34 AM PST by fhayek
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To: ChicagoConservative27

It’s a transitory disagreement.


5 posted on 11/14/2023 7:46:53 AM PST by EEGator
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To: ChicagoConservative27
Is Yellen’s disagreement transitory?
6 posted on 11/14/2023 7:47:06 AM PST by thegagline (Sic semper tyrannis! Goldwater in 2024)
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To: ChicagoConservative27

Yeah, right. All is well. Yellen and the Biden Crime Syndicate wouldn’t lie to us.


7 posted on 11/14/2023 7:50:48 AM PST by ProtectOurFreedom (“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
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To: ChicagoConservative27

Of course you disagree Janet, you don’t want to take responsibility for helping cause the problem.


8 posted on 11/14/2023 7:55:29 AM PST by SaxxonWoods (Successful People Have a Sense of Gratitude. Unsuccessful People Have a Sense of Entitlement)
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To: ChicagoConservative27
The economy is strong? Really?

Maybe if you live in some of the wealthiest zip codes in the country - those clustered around Washington DC.

Places where you can own a million dollar home and a beach house while 'earning' less than $200,000 a year.

9 posted on 11/14/2023 7:56:22 AM PST by GOPJ (When white liberal 'elites' say we must 'save democracy' they mean 'save white liberal elite power'.)
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To: ChicagoConservative27

“a decision that I disagree with”


I got “let go” from a job while I was in high school. I disagreed with that as well. It didn’t get me rehired.

Yellen has just been told she is doing a lousy job. And she will change nothing to adjust her actions.


10 posted on 11/14/2023 7:59:59 AM PST by Vermont Lt (Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
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To: ChicagoConservative27

Moody’s is independent and objective.

Yellen is a political hack, with tons of personal self-interest in her statement. She has mis-represented the truth in most of her time in her role.


11 posted on 11/14/2023 8:02:57 AM PST by Arlis
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To: ChicagoConservative27

How much more of our inflation will the global market absorb? The natives are restless.


12 posted on 11/14/2023 8:06:13 AM PST by griswold3 (I cannot change the Tide but I can learn to Sail)
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To: ChicagoConservative27

Careful Yellen.

That kind of talk can get you tried for fraud in New York.


13 posted on 11/14/2023 8:08:49 AM PST by N. Theknow (Kennedys-Can't drive, can't ski, can't fly, can't skipper a boat-But they know what's best for you.)
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To: ChicagoConservative27

She’s paying the rich one trillion dollars per year. From our pocket.


14 posted on 11/14/2023 8:11:51 AM PST by Brilliant
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To: ChicagoConservative27

Yeh....Moody doesn’t know how to value things...just like President Trump.


15 posted on 11/14/2023 8:36:39 AM PST by Sacajaweau ( )
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To: ChicagoConservative27
“The American economy is fundamentally strong and Treasury securities remain the world’s preeminent safe and liquid asset,” Yellen said Monday following the APEC Finance Ministers’ Meeting in San Francisco.

Having taken Econ 101 as a freshman in the '60s, I know so much more about the subject than does Ms. Yellen.

16 posted on 11/14/2023 8:38:49 AM PST by Seaplaner (Never give in. Never give in. Never, never, never...in nothing, great or small...Winston ChurchIill)
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To: ChicagoConservative27

Bernie Madoff had the best credentials of any scammer out there...

lol.


17 posted on 11/14/2023 8:40:42 AM PST by cgbg ("Creative minds have always been known to survive any kind of bad training." Anna Freud.)
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To: ChicagoConservative27

I’m sure she’d disagree with defaulting on our debt, when we default on our debt.


18 posted on 11/14/2023 8:41:59 AM PST by 1Old Pro
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To: ChicagoConservative27

Yellen has no business dealing with the finances of the US.


19 posted on 11/14/2023 8:57:41 AM PST by Revel
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To: ChicagoConservative27

The choice is between clueless stupidity or purposefully evil destruction. I no longer believe that any of these incompetent fools are simply stupid. They know the harm they cause.


20 posted on 11/14/2023 9:02:19 AM PST by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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