US Treasury Secretary Janet Yellen spoke with media on her way back from the G20 weekend summit.

Bloomberg (gated) reporting:

  • she’s increasingly confident that the US will be able to contain inflation without major damage to the job market
  • “Every measure of inflation is on the road down”
  • said that while the US unemployment rate increased in August after reaching the lowest levels in more than a half-century earlier this year, that jump wasn’t caused by a large wave of layoffs
Yellen credit