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 January Sees U.S. Wholesale Prices Increase, Highlighting Ongoing Inflation Challenges READ MORE Charted: Workers Win As Wage Growth Outpaces Inflation READ MORE Fed's Waller Confirms: U.S. Dollar to Retain Its Global Reserve Currency Status READ MORE Facing Facts: ‘Cautiously Bullish’ on Gold in 2024 READ MORE 3,000-Year-Old Phoenician Gold Artifact Discovered in Jerusalem READ MORE Add a Comment Cancel replyYour email address will not be published.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
