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U.S. Treasury's Yellen Says Speniding On Covid May Have Contributed A Little Bit To Inflation; Main Factor In Inflation Was Shortages; We Haven't Seen Too Much Progress On Inflation During Past Couple Of Months; Labor Market Has Cooled But Is In Good...

Benzinga ·  Jan 8 10:24

U.S. Treasury's Yellen Says Speniding On Covid May Have Contributed A Little Bit To Inflation; Main Factor In Inflation Was Shortages; We Haven't Seen Too Much Progress On Inflation During Past Couple Of Months; Labor Market Has Cooled But Is In Good State; Recent Data Suggests Path Of Interest Rates May Be Higher Than People Expected; Term Premium On Long Term Rates Has Begun To Normalize; Fiscal Policy Needs To Be Put On Sustainable Course

- CNBC

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