Yellen Dismisses Runaway Inflation… Consumer Prices Likely Surged At Fastest Pace In 30 Years… Food Banks Struggle To Feed Hungry…
YELLEN DISMISSES RUNAWAY INFLATION… (Bloomberg) — Treasury Secretary Janet Yellen repeated her view that elevated U.S. inflation won’t persist beyond next year and said the Federal Reserve will act if needed to prevent a rerun of 1970s-style price rises. Consumer prices likely surged at fastest pace in 30 years Economists expect the consumer price index … Read more