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Secretary of the Treasury Janet Yellen testifies during a hearing before Senate Finance Committee at Dirksen Senate Office Building on Capitol Hill in Washington on June 7, 2022. Alex Wong/Getty Images
Treasury Secretary Janet Yellen said the inflation is at “unacceptable levels” but expected it to remain high.
“I do expect inflation to remain high, although I very much hope it will be coming down now,” she told the lawmakers during a hearing on Tuesday before the Senate Finance Committee.
Allen Zhong is a long-time writer and reporter for The Epoch Times. He joined the Epoch Media Group in 2012. His main focus is on U.S. politics. Send him your story ideas: [email protected]