Yellen says inflation could reach 3 percent this year as recovery continues – The Washington Post
Yellen, Fed Chair Jerome H. Powell and other top policymakers insist the price pops are temporary and that the current uptick doesnt reflect a dangerously persistent new trend.
Still, Saturday appeared to be the first time the Biden administration projected what inflation could be through 2021.
G-7 countries reach agreement on 15 percent minimum global tax rate
We have in recent months seen some inflation, and we at least on a year-over-year basis will continue, I believe through the rest of the…
