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Inflation is not becoming 'embedded' in economy, Yellen says

Summary by Ground News
Yellen says she sees no signs of higher inflation expectations over the medium term being built into wages and prices. Yellen said investments such as President Joe Biden's $430 billion energy and health legislation would reduce some costs for Americans and bring down inflation over time by increasing the U.S. economy's productive capacity.
Published 3 months ago · Herndon, United States

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ReutersReuters

Inflation is not becoming 'embedded' in economy, Yellen says

Inflation is not becoming a permanent part of the U.S. economic picture, Treasury Secretary Janet Yellen told reporters Friday, addressing a growing concern that high prices could be here to stay for Americans.

3 months ago·United Kingdom
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Channel News AsiaChannel News Asia

Yellen says inflation not 'embedded' in US economy, research to boost capacity

HERNDON, Va. : U.S. Treasury Secretary Janet Yellen said on Friday that inflation was not becoming "embedded" in the U.S. economy and domestic investments in semiconductors and research would help increase U.S. productive capacity.Yellen, speaking to reporters at a technology business incubator near Dulle

3 months ago·Singapore
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Financial PostFinancial Post

Yellen says inflation not 'embedded' in U.S. economy, research to boost capacity

HERNDON -- U.S. Treasury Secretary Janet Yellen said on Friday that inflation was not becoming "embedded" in the U.S. economy and domestic investments in semiconductors and research would help increase U.S. productive capacity. Read More

3 months ago·Canada
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OANOAN

Yellen says inflation not 'embedded' in U.S. economy, research to boost capacity

By David LawderHERNDON, Va. (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that inflation was not becoming “embedded” in the U.S. economy and domestic investments in semiconductors and research would help increase U.S. productive capacity.Yellen, speaking to reporters at a technology business incubator near Dulles International Airport, said she sees no signs of higher inflation expectations over the medium term being built …

3 months ago·San Diego, United States
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The Epoch TimesThe Epoch Times

Yellen Says Inflation Not 'Embedded' in US Economy, Research to Boost Capacity

HERNDON, Va.—U.S. Treasury Secretary Janet Yellen said on Friday that inflation was not becoming “embedded” in the U.S. economy and domestic investments in semiconductors and research would help increase U.S. productive capacity. Yellen, speaking to reporters at a technology business incubator near Dulles International Airport, said she sees no signs of higher inflation expectations over the medium term being built into wages and prices. “I don’…

3 months ago·New York, United States
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nordot.appnordot.app

Yellen says inflation not 'embedded' in U.S. economy, research to boost capacity

Yellen says inflation not 'embedded' in U.S. economy, research to boost capacity

3 months ago
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