Yellen says inflation is clearly a major problem, it's what I'm most focused on

US Treasury Secretary Yellen. Sounds to me like she is giving us a clue on Friday's US CPI data.

More:

• I don't think we're going to have a recession, there is nothing to suggest a recession is coming
• says she believes there is a path through this to a soft landing
• oil prices could go higher

• there's recession risk of course, I don't think that it's the most likely outcome

• See risks of higher energy and food prices

This from Wednesday US time along the same lines:

• White House:Expects inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term numbers to be released at the end of the week to be elevated