Treasury Secretary Janet Yellen said she regrets describing inflation in 2021 as “transitory,” the term several Federal Reserve and Biden administration officials used to describe the pandemic ...

After predicting in 2021 that inflation would be "transitory," U.S. Treasury Secretary Janet Yellen admitted her "regret" as "it's lasted longer than" a few weeks or months.

Yellen predicts Fed’s anti-inflation policies will be ‘successful,’ after wrongly calling it 'transitory' Inflation surged above 9% in June, the highest in more than 40 years ...

Yellen regrets calling 2021 inflation transitory, while calling 2024 inflation transitory. She'll probably express regret for that in 2025. Heaven forbid these people learn anything.

Earlier in Biden’s term, Yellen had called inflation “transitory” and predicted it would decrease once supply chain pressures from the COVID-19 pandemic eased.

Treasury Sec. Janet Yellen said on Monday that she regrets saying inflation was transitory back in 2021, a sentiment she expressed in January as well. “I regret saying it was transitory ...

Then again, Yellen might simply be lying — as she did straight-faced for most of 2021, claiming inflation was just “transitory.” More From Post Editorial Board ...

Yellen in May acknowledged she was wrong about the path inflation would take last year when she was still predicting it would be "transitory" and subside once pandemic strains had eased in the ...

In January 2024, then-Treasury Secretary Janet Yellen said she regretted describing the worst inflation in 40 years as "transitory." (Jim Watson/Agence France-Presse/Getty Images) 🔎 This is an ...

Although the 2021-2023 inflation episode was clearly of the transitory sort, the possibility of a re-emergence of the more menacing structural inflation is a latent threat – and it may be ...

Treasury Secretary Janet Yellen said she regrets describing inflation in 2021 as “transitory,” the term several Federal Reserve and Biden administration officials used to describe the pandemic-induced ...