Yellen Welcomes Higher Rates // G7 Agrees on Global Tax // House Rich Americans' Spending - 6/7 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(1:25) - Treasury Secretary Janet Yellen made comments at the G& summit indicating she is not worried about inflation, while supporting President Biden's $4 trillion spending plan. Yellen also said higher interest rates "would actually be a plus."(13:38) - The G7 produced an agreement on a global minimum corporate tax rate of 15%. Is there a realistic path to this being approved by most countries?(24:12) - "House rich" Americans that have seen their homes' value rise significantly are spending their cash in different ways.(37:03) - Options trading is picking up in oil futures, with investors betting on $100 per barrel being the price of oil before long.