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U.S. President Donald Trump, still fuming over the Federal Reserve's refusal to cut interest rates, said Wednesday he has a ...
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 ...
Also see (January 2025): Yellen says U.S. could've kept inflation stable - if it threw up to 15 million people out of work "I wish he had used a different word," said Kathy Bostijancic, chief ...
Remember when inflation was “transitory”? “We have in recent months seen some inflation,” Treasury Secretary Janet L. Yellen said in June 2021, adding that the United States would probably ...
Then again, Yellen might simply be lying — as she did straight-faced for most of 2021, claiming inflation was just “transitory.” ...
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.
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 ...
Treasury Secretary Janet Yellen regrets saying in 2021 inflation was transitory, a term that Federal Reserve officials also used to describe pandemic-induced price increases that were expected to ...
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 ...
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.