Janet Yellen Addresses ‘Unacceptably High’ Inflation, Tells What Biden Administration Will Do Next
Posted on AllSides July 14th, 2022
From The Right
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Treasury Secretary Janet Yellen on Thursday said that inflation is “unacceptably high” after another dismal price level report.
The Consumer Price Index (CPI) rose 9.1% between June 2021 and June 2022, a Wednesday morning report from the U.S. Bureau of Labor Statistics showed. Yellen reacted to the news ahead of a meeting with other finance ministers in Bali, Indonesia, according to CNBC.
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