“Inflation is accelerating at an unacceptably high rate.

This is a huge problem for every American household, and it leads to significant risks to economic security, ”RIA Novosti quotes her.

According to Yellen, the US Federal Reserve will be able to overcome the excessive growth in consumer prices.

The minister called the conflict in Ukraine one of the factors of inflation.

On September 21, the US Federal Reserve raised its base rate by 75 basis points to 3-3.25%.