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Yellen says believes US housing inflation will still fall over time

2023-10-14 03:29
MARRAKECH, Morocco U.S. Treasury Secretary Janet Yellen told Reuters on Friday that she still believes U.S. shelter inflation
Yellen says believes US housing inflation will still fall over time

MARRAKECH, Morocco U.S. Treasury Secretary Janet Yellen told Reuters on Friday that she still believes U.S. shelter inflation will continue to ease despite new consumer price data on Thursday showing a jump in housing costs.

"We do definitely believe that's coming down over time," Yellen said in an interview on the sidelines of the International Monetary Fund and World Bank meetings in Morocco.

(Reporting by David Lawder)