US Treasury Secretary Wants Biden's Inocation Plan to Go Forward

US Treasury Secretary Wants Biden's Inocation Plan to Go Forward

Janet Yellen, Secretary of the American Treasury, said that plans of President Joe Biden's Quarrile spending should move forward even if they lead to higher interest rates. The former head of the Federal Reserve estimates the recent increase in inflation due to factors related to the COVID-19 pandemic, reports The Economist. Factors are: [...]

The former head of the Federal Reserve estimates the recent increase in inflation due to factors related to the COVID-19 pandemic, reports The Economist.

The factors are: supply chain cramps and spending increases as businesses reopen.

Any price increase from the rescue package will be reduced”, she said.

Days ago it was confirmed that the US will share 80 million vaccines for various states, with Kosovo to benefit.

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