🇺🇸❗A terrible blow to the US economy due to anti-Russian sanctions: US Treasury Secretary Jeannette #Yellen admitted that she misjudged the impact #inflation would have on the #US #economy.
“There were unforeseen and big blows to the economy that spurred rising energy and food prices, and also created problems in the supply chains, which had a bad effect on our economy. At that time I did not fully realize this, but I admit it now,” said she is in an interview with CNN, commenting on her remarks last year that inflation is a "low risk".
According to the US Department of Labor, inflation in the country in March reached a 40-year high of 8.5%.
Earlier, #Biden said that 70% of inflation in the United States is due to Putin.
NEW - U.S. Treasury Secretary #Yellen proposes a tax on unrealized #CapitalGains to finance Biden's "#BuildBackBetter" plans.