US Treasury Secretary Janet Yellen told NPR on Friday that inflation has been fairly moderate over the past six months, but noted that rental rates are still rising. Yellen added that she expected rental indices to fall significantly over the next six months and said she saw a path to a loft for the US economy. MARKET REACTION The US dollar index showed no immediate reaction to these comments and was last up 0.2% on the day at 102. 5.
