"Clearly, inflation is unacceptably high," Yellen continued. (Jose Luis Magana/AP)"It's important to recognize that the United States is certainly not the only advanced economy suffering from high inflation," Yellen said. "I don't think that the policies are responsible for what's happening in the oil market," Yellen said. "President Biden wants to do anything he possibly can to help consumers," Yellen said. Recession isn't 'inevitable' but inflation remains 'unacceptably high': Janet Yellen originally appeared on abcnews.go.com

Source: ABC News June 19, 2022 13:58 UTC