Treasury Secretary Janet Yellen's comments on inflation and the economy

SOURCE www.breitbart.com
Treasury Secretary Janet Yellen believes that inflation will stabilize in the next year, despite concerns about rising costs of living for Americans.

Key Points

  • Inflation has declined and is expected to stabilize in the next year
  • Americans are concerned about the rising costs of living, including rent, groceries, and gas

Pros

  • Yellen believes inflation will stabilize in the next year
  • Wages have gone up more than prices on average for Americans
  • Strong job market in the United States

Cons

  • Concerns about rising costs of living for Americans