5/12, 4:54 PM (Source: TeleTrader)
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Yellen: Govt supports free Fed in tackling inflation

United States Secretary of the Treasury Janet Yellen said on Thursday that the inflation levels in the US are "the number one economic issue" that the current government faces.

She added that the administration "supports an independent Fed making the judgments that they consider appropriate."

Yellen also added that the government itself is tackling inflation via releases from "strategic petroleum reserves" meant to bring down energy prices and work on various supply issues.

Baha Breaking News (BBN) / SP