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Yellen says she expects inflation to ease this year if U.S. controls pandemic

Yellen says she expects inflation to ease this year if U.S. controls pandemic

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Treasury Secretary Janet Yellen said Thursday she expects inflation to “diminish over the course of the year” if the U.S. is successful in controlling the COVID-19 pandemic. In an interview on CNBC, Yellen said she hopes inflation would get back to around 2% by the end of the year.

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