Yellen says inflation "remains a problem"
CBSN
After Tuesday's inflation numbers came in higher than economists had expected, Treasury Secretary Janet Yellen conceded Wednesday that the high prices plaguing the nation still present a challenge.
"Inflation remains a problem, and obviously is of tremendous concern to Americans," she told CBS News chief White House correspondent Nancy Cordes in an interview Wednesday.
"The prime job here rests with the Federal Reserve," said Yellen, who used to be the Fed chair. "We want them to independently use their best judgment on this. And we're trying to take actions that complement theirs."
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