WASHINGTON, July 15 (Reuters) - U.S. Treasury Secretary Janet Yellen repeated her view that current elevated inflation is transitory but said in a National Public Radio Interview it needed to be watched "very, very carefully."
“We shouldn’t expect it to disappear next month, but certainly over the medium term I don’t think it will continue," Yellen said of inflation. "But of course, we need to watch inflation very, very carefully."
(Reporting by David Lawder and Tim Ahmann Editing by Chris Reese)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments