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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% ...
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 ...
(Bloomberg) -- Treasury Secretary Janet Yellen said US inflation can come down without requiring a weakening in the historically strong job market. “I don’t see any reason why unemployment ...
Janet Yellen, the US Treasury Secretary, has pointed out the severe impact of inflation on American families, even as the numbers show it cooling off. Rising living costs have become a major issue ...
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 ...