Yellen said the unemployment rate would have had to risen to between 10% and 14% — meaning an additional 9 million to 15 million people out of work — to have kept inflation at 2% throughout ...

"I think an important factor in the inflation was that these shortages started pushing up prices a great deal." Yellen noted that currently, the CPI rate is a little bit above 2%. "We haven't seen ...

US President-elect Donald Trump's proposals to impose sweeping tariffs on imports could counter earlier efforts to cool inflation, Treasury Secretary Janet Yellen said Tuesday, warning that ...

Treasury Secretary Janet Yellen said that Biden-era stimulus spending may have contributed "a little bit" to the country's subsequent inflation woes. But the widespread rise in prices was mostly ...

Yellen said the unemployment rate would have had to risen to between 10% and 14% - meaning an additional 9 million to 15 million people out of work - to have kept inflation at 2% throughout 2021 ...