The index increased in June for the fifth straight month
Consumer spending stalled as incomes dropped for a second month and inflation posted a sizeable gain
No one wants to relive the double-digit inflation of the 1970s, Yellen told the Senate Finance Committee on Wednesday
Growth accelerated in April and May despite supply disruptions
The concerns were detailed in meeting minutes
The increase was the largest monthly jump in more than a decade
A Federal Reserve survey finds optimism as activity accelerates
The Fed chairman recently reflected on the central bank's pandemic response in an NPR interview
Continued support from the Fed will be required
The treasury secretary pointed to low unemployment before the pandemic, which didn't lead to inflation