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Transitory inflation

Inflation is at a 30-year high

by Andy Uhler
Nov 10, 2021
The consumer price index hit 6.2% in October. Treasury chief Yellen says the price hikes won't last, but they're felt across the economy.
The consumer price index reached 6.2% in October. Above, a customer shops for flowers in Los Angeles.
Patrick T. Fallon/AFP via Getty Images
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Yellen says high inflation is temporary. And if it isn't?

by Sabri Ben-Achour
Oct 25, 2021
Treasury Secretary Janet Yellen says inflation should ease by next year, but anxiety about that is still running high.
U.S. Treasury Secretary Janet Yellen addresses a hybrid meeting in October 2021. Yellen has reiterated her belief that current inflation is only temporary.
Chip Somodevilla via Getty Images
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