- Analytics
- News and Tools
- Market News
- Treasury Secretary Yellen: Shelter inflation likely to fall in the next year
Treasury Secretary Yellen: Shelter inflation likely to fall in the next year
According to US Treasury Secretary Janet Yellen, inflation remains high but is assuring markets that data continues to point towards a recovery on US price growth and economic activity.
Key highlights
Yellen affirms it is "highly likely" that shelter inflation will fall in the next year.
Still-high inflation largely due to fading supply shocks.
People are generally better off despite price growth, but still have more work to do.
Higher steel tariffs on China seem appropriate.
The US needs to take "significant steps" to reduce budget deficit.
Yellen remains concerned about where the US is headed with deficit.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
