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    Yellen Says Fed Can Combat Inflation Without Unemployment Increasing Significantly

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    Yellen Says Fed Can Combat Inflation Without Unemployment Increasing Significantly



    MISSION, S.D.—Treasury Secretary Janet Yellen said she thought the Federal Reserve’s efforts to combat inflation could be effective, without significantly increasing the unemployment rate.

    The tight labor market that formed over the past two years, as the economy recovered rapidly from a brief pandemic recession, could aid the Fed in combating inflation, Ms. Yellen said while speaking at a press conference during a visit to the Rosebud Indian Reservation in South Dakota.



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