Treasury Secretary Janet Yellen & Economist Mohamed El-Erian 6/1/22

Treasury Secretary Janet Yellen says the White House has several strategies that will reduce inflation, which she conceded is too high. In a sit down interview with Becky Quick, former Fed Chair Yellen recaps her meeting with current Fed Chair Jay Powell and President Biden, and she lists efforts aimed at prescription drug costs, the budget deficit, and oil production that could bring down prices. Economist Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens’ College, Cambridge, discusses the Federal Reserve and his outlook for interest rate hikes later this year. In this episode: Janet Yellen, @SecYellen Mohamed El-Erian, @elerianm Becky Quick, @BeckyQuick Brian Sullivan, @SullyCNBC Cameron Costa, @CameronCostaNY