“Nevertheless, we are currently facing macroeconomic challenges, including unsustainable levels of inflation,” Yellen told TASS at a hearing in the US Senate Finance Committee.
She added that the country also faces other challenges.
According to her, they are related to the impact of the COVID-19 pandemic on supply chains, as well as “shocks for supply in the oil and food markets” amid the Ukrainian crisis.
Earlier it became known that the price of gasoline in the US reached a historic high.
Member of the US House of Representatives Rick Allen expressed the opinion that the rise in fuel prices in the country is not related to the actions of the Russian authorities, but to the policies of President Joe Biden and his administration.
Prior to this, US Oil and Gas Association President Tim Stewart announced the worst energy crisis in the country in half a century.
As Vladimir Putin himself noted, the West is trying to cover up its miscalculations in the field of green energy and blame everything on Russia.