US Treas Sec Yellen says again that the US will have a recession if debt ceiling is not raised

  
  Analysis

Never mind this reiteration, the big comment from US Treasury Secretary Yellen was on Monday in the US:

  • We do have to be concerned about inflation
That shunted US stocks lower at the close
More from Yellen now:
  • says sees inflation pressure diminishing in the second half of next year
  • sees monthly CPI around 0.2% to 0.3% in H2 of 2022
Yellen
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