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“ ‘I believe by the end of next year, you will see much lower inflation, if there’s not an unanticipated shock.’ ”
That line above came from U.S. Treasury Secretary Janet Yellen, during a “60 Minutes” interview that CBS
PARA,
aired Sunday night.
Yellen, the former head of the Federal Reserve, also addressed whether Americans need to be worried about a recession hitting in 2023.