Janet Yellen tells Congress US faces ‘unacceptable levels of inflation’

United Kingdom News News

Janet Yellen tells Congress US faces ‘unacceptable levels of inflation’
United Kingdom Latest News,United Kingdom Headlines
  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Treasury secretary admits she regrets describing inflation as ‘transitory’ and says it is ‘top economic problem at this point’

Janet Yellen told Congress that the US is facing “unacceptable levels of inflation” on Tuesday as the treasury secretary defended herself from criticism of her previous comments that rising prices were “transitory”.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Guardian /  🏆 84. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US raises monkeypox alert level but says risk to public remains lowUS raises monkeypox alert level but says risk to public remains lowCDC warns travelers to avoid contact with sick people, with more than 1,000 cases in at least 29 countries
Read more »

How can I tell my husband I want us to have sex?How can I tell my husband I want us to have sex?My higher libido means I have to make the first move. But he has turned me down in the past
Read more »

Reserve Bank hikes official interest rate by 50 basis points to 0.85% to curb inflationReserve Bank hikes official interest rate by 50 basis points to 0.85% to curb inflationDecision exceeds predictions from economists amid pressure on households and businesses from rising inflation
Read more »



Render Time: 2025-02-24 20:39:23