<p>The Biden administration admitted on Thursday that there will be &#8220;several more months&#8221; of major inflation spikes as the overwhelming majority of Americans are worried about rising prices.</p>
<p>“We will have several more months of rapid inflation,” Treasury Secretary Janet Yellen <a href="https://www.cnbc.com/2021/07/15/yellen-sees-several-more-months-of-rapid-inflation-worries-about-impact-on-home-buyers.html">said</a>. “So I’m not saying that this is a one-month phenomenon. But I think over the medium term, we’ll see inflation decline back toward normal levels. But, of course, we have to keep a careful eye on it.”</p>

Biden Administration Admits There Will Be ‘Several More Months Of Rapid Inflation’

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Biden Administration Admits There Will Be ‘Several More Months Of Rapid Inflation’