Yellen expects Trump's tariffs will hike inflation to 3% year over year

cnbc.com/2025/06/12/yellen-trump-tariffs-inflation.html

Former Treasury Secretary Janet Yellen predicts President Donald Trump's tariffs will cause prices to rise and average household income to fall, despite a slowing trend in the U.S. inflation rate.
"I would expect inflation, on a year-over-year basis of this year, to shoot up to at least…

This story appeared on cnbc.com, 2025-06-12 19:05:26.
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