U.S. Treasury's Yellen tamps down inflation fears over Biden spending plan

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By Vivian in Business
Updated 3 years ago

WASHINGTON, May 2 (Reuters) - U.S. Treasury Secretary Janet Yellen on Sunday tamped down concerns that President Joe Biden's plans for infrastructure, jobs and families will cause inflation, saying the spending will be phased in over a decade. "It's spread out quite evenly over eight to 10 years," Yellen, former...

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