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 ...

U.S. Treasury Secretary Janet Yellen expressed confidence in the American economy, dismissing the possibility of a recession and predicting that inflation will reach the Federal Reserve’s 2% ...

Treasury Secretary Janet Yellen pushed back Tuesday at her predecessor Larry Summers over his recent comments that the Federal Reserve may need to consider hiking interest rates because inflation ...

Treasury Secretary Janet Yellen, however, remains confident the U.S. economy is “on a downward path for inflation” that could enable the Federal Reserve to cut interest rates in the months ...

By David Lawder and Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen told senators on Tuesday that she expected inflation to remain high and the Biden administration would ...

Sept. 6 (UPI) --The Treasury Department and Internal Revenue Service on Friday said they have collected $1.3 billion from high-income, high-wealth individuals under new initiatives under the ...

Former President Donald Trump's proposed tariffs would reignite inflation and negatively impact the U.S. economy if he were to reclaim the presidency, Treasury Secretary Janet Yellen cautioned in ...