Inflation Is Top Priority in the US, Janet Yellen Says

Treasury Secretary Janet Yellen said that while there’s a collective need to shore up the global economic outlook, the “path forward” begins with addressing domestic challenges.

“In the United States, our top economic priority is to bring down inflation while maintaining a strong labor market,” Yellen said in remarks prepared for delivery Wednesday to the Bretton Woods Committee’s International Council in Washington. Though the US economy remains resilient, “we are highly attuned to the risks on the horizon,” she said.