Yellen Critiques Market Overreaction to Inflation Data U.S. Treasury Secretary Janet Yellen argues that minor fluctuations should not distract from the significant longer-term trends of decreasing inflation, a strong economy, and rising wages. Speaking at the Detroit Economic Club alongside Michigan Governor Gretchen Whitmer, Yellen expressed confidence in the economic trajectory, labeling market reactions to short-term data as a “tremendous mistake” and urged a focus on the overall downward movement of inflation. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Huge debt costs mean climate spending could make emerging nations insolvent READ MORE ZeroHedge: There's An Odd Chill In The Air – Dallas Fed Respondents Warn Of "Pending Doom" READ MORE Over 80,000 Global Enthusiasts Flock to HongKong’s Twin Jewellery Shows READ MORE New Highs For Gold & Bitcoin: Monthly Wrap with Alan Hibbard READ MORE European Central Bank should cut in June to avoid falling behind inflation curve, policymaker says READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
