WASHINGTON, D.C.: The United States is likely to see inflation return to the range of the Federal Reserve's (Fed) 2-percent target by the end of next year, US Treasury Secretary Janet Yellen said on Wednesday.

"I think when we come to the end of 2024, two is certainly likely to be the first numeral" in the inflation figure, she told CNBC in an interview.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details