Yellen Tells Senate Inflation Is ‘Unacceptable’ but Likely to Stay High

Posted on AllSides June 7th, 2022
From The Center
Alex Wong/Getty Images

Inflation will remain elevated, Treasury Secretary Janet Yellen told the Senate Finance Committee, as the Biden administration continues to battle high prices that are denting American pocketbooks.

The U.S. faces “unacceptable” levels of inflation, she said. Supply- chain problems continue and Russia’s war in Ukraine has created imbalances in supplies of energy and food.

Read full story
Some content from this outlet may be limited or behind a paywall.

Barron's

AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
106760/84354
See full bias rating for Barron's
Learn about media bias
https://www.barrons.com/articles/yellen-senate-inflation-high-51654626944

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right