Economics
Yellen Sees Inflation In Line With Fed’s Goal by End of Year
- Treasury secretary warns yearly price readings will stay high
- Treasury is working to get rental assistance programs working
Janet Yellen
Photographer: Greg Nash/The Hill/Bloomberg
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Treasury Secretary Janet Yellen said that by the end of this year, monthly price changes will be running at a level consistent with the Federal Reserve’s target, even if year-over-year numbers continue to show uncomfortably high inflation.