Yellen: 'Don't Want to Say' 'Prices Will Go Down,' We'll Get to 'Normal' Inflation Rate

On Monday's broadcast of CNN's "OutFront," Treasury Secretary Janet Yellen responded to an analysis by Moody's on how much American households are spending due to inflation and a question on whether prices will drop by stating that "I don't want to say that the level of prices will go down, but I think inflation will subside to rates that are quite normal and within the range that the Fed is seeking to target."