US Treasury Secretary sees path to reduce US inflation while sustaining strong job market

World

Published: 2022-07-28 21:29

Last Updated: 2022-08-15 21:54


US Treasury Secretary sees path to reduce US inflation while sustaining strong job market
US Treasury Secretary sees path to reduce US inflation while sustaining strong job market

US Treasury Secretary Janet Yellen said Thursday it will be possible to bring down high inflation without triggering a big increase in joblessness, reported AFP.

"There is a path to bring down inflation while maintaining a strong labor market," Yellen told reporters, while acknowledging there are "numerous risks" to the economic outlook.