Here's what she had to say.
U.S. Treasury Secretary Janet Yellen broke silence on the rising inflation in a recent statement. She stated that there are some probable causes for the sharp increase in prices but stated that President Joe Biden's plan is most likely not one of them.
Yellen stated that Biden's recent plan that was signed into law is at most a very small factor to the increase in prices. She stated that America does need to take measures to decrease the rising inflation before it becomes a very big issue for the country.
Yellen stated that Biden's plan at most raises inflation by 2% while the other factors bring up the rest of it.