“I believe by the end of next year, you will see much lower inflation, if there’s not an unanticipated shock,” U.S. Treasury Secretary Janet Yellen said.
“ ‘I believe by the end of next year, you will see much lower inflation, if there’s not an unanticipated shock.’ ”
Yellen, the former head of the Federal Reserve, also addressed whether Americans need to be worried about a recession hitting in 2023.But look, we have a very healthy banking system KBE, +0.93%. We have very healthy business and household sectors,” she said.
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