Yellen Says It’s Fed’s Job to Avoid Any Wage-Price Spiral

(Bloomberg) — Treasury Secretary Janet Yellen said that it’s the Federal Reserve’s job to avert any wage-price spiral and that she understands the “reasoning” behind plans at the central bank to scale back its asset purchases.Most Read from Bloomberg‘Ghost Signs’ Haunt London’s Reviving NeighborhoodsReliving the New York Subway Map DebateAutomating the War on Noise PollutionChina Cash Flowed Through Congo Bank to Former President’s Cronies‘Pension Poachers’ Are Targeting America’s Elderly Veter
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