Post by lookingforatenbagger on Jul 14, 2021 19:24:35 GMT
Even Federal Reserve Chairman Jerome Powel admits it. Now if he can just convince Yellen...
www.wsj.com/articles/powell-expects-inflation-to-moderate-but-will-likely-remain-elevated-this-year-11626265800
"Ms. Yellen told The Wall Street Journal that she expects any near-term increases in inflation will be temporary. She echoed remarks from Fed Chairman Jerome Powell last week that the central bank isn’t worried about a persistent rise in inflation and that he expects that price increases over the coming months will subside."
www.wsj.com/articles/yellen-says-interest-rates-may-have-to-rise-to-keep-economy-from-overheating-11620151101#:~:text=Yellen%20told%20The%20Wall%20Street,the%20coming%20months%20will%20subside.
www.bloomberg.com/news/articles/2021-07-13/inflation-small-businesses-raising-prices-at-highest-level-since-1981
www.wsj.com/articles/powell-expects-inflation-to-moderate-but-will-likely-remain-elevated-this-year-11626265800
"Ms. Yellen told The Wall Street Journal that she expects any near-term increases in inflation will be temporary. She echoed remarks from Fed Chairman Jerome Powell last week that the central bank isn’t worried about a persistent rise in inflation and that he expects that price increases over the coming months will subside."
www.wsj.com/articles/yellen-says-interest-rates-may-have-to-rise-to-keep-economy-from-overheating-11620151101#:~:text=Yellen%20told%20The%20Wall%20Street,the%20coming%20months%20will%20subside.
www.bloomberg.com/news/articles/2021-07-13/inflation-small-businesses-raising-prices-at-highest-level-since-1981
