Yellen says the Fed can fight inflation without unemployment rising significantly

MISSION, SD—Treasury Secretary Janet Yellen said she believed the Federal Reserve’s efforts to fight inflation could be effective, without significantly raising the unemployment rate.

The tight labor market that has formed over the past two years as the economy quickly recovered from a brief pandemic slump could help the Fed fight inflation, Ms Yellen said during a briefing. a press conference during a visit to the Rosebud Indian Reservation in South Dakota.


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