US Treasury Secretary Yellen says again she believes inflation is transitory

Author: Eamonn Sheridan | Category: News

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"

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