Reported 11 months ago
US Treasury Secretary Janet Yellen sat down with Yahoo Finance for an exclusive interview, where she shared her positive economic outlook. Yellen believes inflation will fall back to the Fed's 2% target next year and doesn't foresee a recession. She highlighted the housing market's impact on inflation and announced new initiatives, including a $100 million Treasury program to finance affordable housing. Yellen also discussed proposals for tax incentives to address the housing supply issue.
Source: YAHOO