US Treasury Secretary Yellen says again she believes inflation is transitory

Comments from Janet Yellen, US Treasury Sec, over the newwires: reiterates her belief that high US inflation is transitory says she envisages isolated shortages of goods in the months ahead it is absolutely necessary to raise the US debt ceiling limit Nothing new here from Yellen.  A little more: "I believe it's transitory, but I don't mean to suggest these pressures will disappear in the next month or two" Invest in yourself. See our forex education hub.

US Treasury Secretary Yellen says again she believes inflation is transitory

Comments from Janet Yellen, US Treasury Sec, over the newwires:

  • reiterates her belief that high US inflation is transitory
  • says she envisages isolated shortages of goods in the months ahead
  • it is absolutely necessary to raise the US debt ceiling limit

Nothing new here from Yellen. 

A little more:

  • "I believe it's transitory, but I don't mean to suggest these pressures will disappear in the next month or two"

Invest in yourself. See our forex education hub.