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US Treasury Secretary Janet Yellen walks back transitory inflation claims: 'I regret saying it'
As Americans have continued to sound off over sticker shock on retail and grocery shelves, the U.S. Treasury secretary admitted Wednesday that her public predictions were wrong. "I regret saying ...
Barron's5mon
'Transitory' Inflation Didn’t Play Out as Expected, Powell Says
MORAN, Wyo. — The “transitory” inflation caused by the economic shock of the Covid-19 pandemic turned out to be a head fake, Federal Reserve Chair Jerome Powell said. While some inflation in ...
FXEmpire.com3y
Powell And Yellen – Team Fed
Others have claimed that the sky is falling and that inflation is all around us. Flashback 11/21/2017: “President Trump nominated Jerome H. Powell ... be transitory. Treasury Yellen likes ...
CoinDesk1y
Powell and Yellen Talk Stablecoins, Inflation and Debt
He also looks at Sen. Sherrod Brown’s letter to stablecoin issuers from last week and discusses Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell’s testimony before the ...
Treasury Secretary Yellen came to NC to talk about inflation. Then she went for a drive.
Roy Cooper, Yellen was in the Triangle to praise the clean energy initiatives of the Inflation Reduction Act ... that Federal ...
MercoPress3y
Inflation beats the Fed: the word “transitory” eliminated from forecasts
“We tend to use [the word transitory] to mean that it won’t leave a permanent mark in the form of higher inflation,” Fed Chairman Jerome Powell told the US Congress this week. “I think it ...