Treasury Secretary Yellen Looks to Get Global Tax Deal Back on Track
Alan Rappeport and Liz Alderman • May 16, 2022
The Treasury secretary is traveling to Warsaw, Brussels and Bonn, Germany, this week at an uncertain time for the global economy.
Jerome Powell, the Fed chair, said the central bank is prepared to raise rates more quickly and higher if price pressures fail to fade.
Gas prices cooled down slightly in April but were still at elevated levels, while oil prices remain volatile.
