US Treasury boss identifies side effects of sanctions against Russia ...News

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Janet Yellen says restrictions on Moscow have a “huge” impact on America’s soaring food and energy prices The US sanctions have a “huge” impact on the rising food and energy prices at home, Treasury Secretary Janet Yellen has said. Yellen was asked during the New York Times’ DealBook DC Policy Forum on Thursday if already soaring US gas prices would continue to increase. “It’s unlikely that gas prices are going to fall anytime soon,” Yellen replied. She later added that the issue is tied to global oil prices, which have also been rising. “Europe is trying very hard to free themselves from dependence on Russian oil

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