Site icon Hot Paths

Yellen: COVID stimulus may have contributed a little bit to higher inflation

Treasury Secretary Yellen Participates In Fireside Chat With World Bank President Ajay Banga

Tasos Katopodis/Getty Images News

The $1.9T stimulus package to support the U.S. recovery from the effects of the COVID-19 pandemic may have contributed “a little bit” to the elevated inflation that followed, Treasury Secretary Janet Yellen told CNBC in an interview.

But Yellen insisted

Exit mobile version