Yellen Sees Housing Costs Decreasing, Paving Way for 2% Inflation

Treasury Secretary Janet Yellen has asserted that inflation, currently below the Federal Reserve's long-run goal of 2%, will decrease as housing costs keep falling-a healthy omen for the US economy. It couldn't have come at a better time as policy thinkers are muddling their way through the economic labyrinth of a post-pandemic world.

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