Janet Yellen predicted that could last 'another year' despite the 's repeated insistence it's only temporary and the treasury secretary blamed uncertainty with Russia's invasion of the Ukraine as the reason.
'There's a lot of uncertainties as it is related to what's going on with Russia and Ukraine,' she told on Thursday. 'And I do think that it's it. It's exacerbating inflation.'
'We're likely to see another year in which 12 month inflation numbers remain very uncomfortably high,' she said.
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