Treasury Secretary Yellen Predicts Easing of Inflation Pressure

Treasury Secretary Janet Yellen Optimistic About Easing Inflation

In a recent statement, US Treasury Secretary Janet Yellen expressed optimism about the current state of inflation, noting that it has fallen significantly and that the “last mile” of easing upward price pressures will not be particularly difficult to achieve. Speaking at the Wall Street Journal’s CEO Council Summit, Yellen emphasized the control of inflation expectations and the potential for a gradual decline in inflation to a level consistent with the Federal Reserve’s 2% target. She also highlighted the resilience of the US economy, stating that it remains “near full employment.”

Yellen’s Viewpoint

• Inflation has fallen significantly
• Completing the “last mile” of easing upward price pressures will not be particularly difficult
• The US economy remains “near full employment”

Yellen’s comments provide insight into the current state of the US economy and its prospects for managing inflation in the near future. For more related information, refer to the “Related Content” menu on the right side of the screen.

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Treasury Secretary Janet Yellen said that inflation has fallen “significantly” and that completing the “last mile” of easing upward price pressures will not be particularly difficult. The photo was taken in New York in September this year (2023 Reuters / Shannon Stapleton / File Photo)

[１２日 ロイター] – US Treasury Secretary Janet Yellen said on Wednesday that it would not be particularly difficult to complete the “last mile” of easing upward pressure as inflation has fallen “significantly” and inflation expectations under control. I expressed my opinion.

At the Wall Street Journal’s CEO Council Summit, he said: “On the path we’re on right now, why won’t inflation gradually decline to a level consistent with the Federal Reserve’s 2% target?” No,” he noted. He said the US economy remains “near full employment.”

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