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Treasury Secretary Janet Yellen on Sunday said inflation will subside by the end of next year.
“I believe by the end of next year you will see much lower inflation,” Yellen said in a “60 Minutes” interview that aired on Sunday.
WATCH:
In the U.S., inflation is at a 40-year high. Secretary of the Treasury Janet Yellen told 60 Minutes she sees positive signs that many of the underlying causes are being resolved and that by the end of 2023, inflation will be substantially reduced. https://t.co/LUsB5o7P55 pic.twitter.com/kIKfKbLhUW
— 60 Minutes (@60Minutes) December 12, 2022
