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Inflation is at a 30-year high

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

Yellen says high inflation is temporary. And if it isn't?

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