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U.S. Treasury Secretary Janet Yellen: Fundamentals still point to slower inflation

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2024-05-03 20:55:27
Janet Yellen, US Treasury secretary, said she believed underlying price pressures were fading even as tight housing supply had stalled inflation. "The fundamentals, in my view, are that inflation expectations - which are well controlled and the labour market - are strong but not a significant source of inflationary pressures," Ms Yellen said in an interview in Sedona, Arizona, on Friday.
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