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Yellen Sees Path to Easing Inflation and Keeping Healthy Job Market
Treasury Secretary Janet Yellen said she is watching international developments that may have consequences for prices and economic output but reiterated her view that US inflation can ease without hurting employment. “The administration remains committed to taking actions to lower prices for Americans where we can,” she said in remarks prepared for delivery at an event in Las Vegas Monday. “And we continue to monitor developments, particularly those abroad, that may affect prices and growth.” “We know that progress rarely moves in a straight line. But I still believe that there is a path to continue ... (full story)