Yellen says price cap on Russian oil is 'one of our most powerful tools' to address inflation - CNBC
7/14/2022 12:00:00 AM2 years 9 months ago
by Su-Lin Tan
by Su-Lin Tan
A cap on Russian oil prices will be crucial to help bring down inflation as U.S. consumer inflation soared to a 40-year high, Treasury Secretary Janet Yellen said.
BALI, Indonesia A cap on Russian oil prices will be crucial to help bring down inflation as U.S. consumer inflation soared to a 40-year high of 9.1% this week, U.S. Treasury Secretary Janet Yellen sa… [+3558 chars]
full article...