- As both consumer and producer price index soared, U.S. Treasury Secretary Janet Yellen said inflation is “unacceptably high.”
- “We’re first and foremost supportive of the Fed’s efforts, what they deem to be necessary to get inflation under control,” Yellen said.
- The Fed has been increasing interest rates in an attempt to slowing soaring inflation.
Ya’ Think? Yellen Says Inflation ‘Unacceptably High’
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