Yellen says inflation could reach 3 percent this year as recovery continues

“We have in recent months seen some inflation, and we — at least on a year-over-year basis — will continue, I believe through the rest of the year, to see higher inflation rates, maybe around 3 percent,” Yellen said following a meeting of Group of Seven finance ministers in London. “But I personally believe that this represents transitory factors.”

Source link

Leave a Comment