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Yellen: ‘We’re Likely to See Another Year’ of ‘Very Uncomfortably High’ 12-Month Inflation Numbers
Breitbart ^ | 03/10/2022 | Ian hatchett

Posted on 03/10/2022 4:08:52 PM PST by ChicagoConservative27

On Thursday’s broadcast of CNBC’s “Closing Bell,” Treasury Secretary Janet Yellen said that “We’re likely to see another year in which 12-month inflation numbers remain very uncomfortably high.” But cautioned there is a large amount of uncertainty due to the conflict in Ukraine and expressed confidence in the Federal Reserve “to make a meaningful difference going forward.”

Co-host Sara Eisen asked, “Already had been happening and is happening in the U.S., when it comes to rising prices from everything from wages to rents to food prices, I think your expectation previously is that inflation would come down in the second half of this year to normal levels. Have you revised those expectations, where do you think we’ll be at the end of the year?”

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: economy; inflation; uncomfortable; year; yellen
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Whose fault is that You demented munchkin
1 posted on 03/10/2022 4:08:52 PM PST by ChicagoConservative27
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To: ChicagoConservative27

so resign you’re useless


2 posted on 03/10/2022 4:09:45 PM PST by butlerweave
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To: ChicagoConservative27

I thought inflation was transitory, Janet. What happened?


3 posted on 03/10/2022 4:10:40 PM PST by EvilCapitalist (Merry Christmas Illhan!)
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To: EvilCapitalist

Ginger Goebbels said it’s only temporary and Putin’s fault.


4 posted on 03/10/2022 4:11:51 PM PST by Col Frank Slade
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To: ChicagoConservative27

Shut up. You have no idea what’s going to happen. You’ve been wrong every time so far. So just STFU.


5 posted on 03/10/2022 4:12:21 PM PST by Seruzawa ("The Political leeft is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: ChicagoConservative27

Can’t be. Jen P said it would be mostly done by the end of the year.


6 posted on 03/10/2022 4:14:07 PM PST by Andyman (The truth shall make you FReep.)
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To: ChicagoConservative27

A drop of truth.

The misinformation fountain in DC probably is out of order temporarily due to excessive use.


7 posted on 03/10/2022 4:14:17 PM PST by Brian Griffin
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To: EvilCapitalist
Putin happened. And Trump. Yes, it was Trump. Trump and Putin put together. They colluded to cause this inflation. We need an investigation....
8 posted on 03/10/2022 4:15:08 PM PST by fhayek
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To: ChicagoConservative27

Something’s Smellen.


9 posted on 03/10/2022 4:15:28 PM PST by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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To: ChicagoConservative27

Well hell, lady. Don’t just talk about it, do something about it!


10 posted on 03/10/2022 4:16:09 PM PST by Oscar in Batangas (An Honors Graduate from the Don Rickles School of Personal Verbal Intercourse)
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To: ChicagoConservative27

Translation; All those crazy preppers are about to look like the smartest people on the planet. Some have been prepping since the cold war.


11 posted on 03/10/2022 4:16:28 PM PST by Pollard (PureBlood -- https://youtube.com/watch?v=VXm0fkDituE)
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To: fhayek

Sadly, that’s what I would expect her to say.


12 posted on 03/10/2022 4:17:08 PM PST by EvilCapitalist (Merry Christmas Illhan!)
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To: ChicagoConservative27

Wait...I thought the Munchkin said inflation was “transitory.”

Just like EVERY SENTENCE THEY UTTER...IT IS UTTER CRAP.


13 posted on 03/10/2022 4:18:26 PM PST by Maris Crane
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To: ChicagoConservative27
confidence in the Federal Reserve “to make a meaningful difference going forward.”

The Moneychangers are the ONLY ones capable of Causing Inflation, I think they have already made a "meaningful difference" and the FED should be abolished and we go back to what the US Constitution actually says.
14 posted on 03/10/2022 4:18:36 PM PST by eyeamok (founded in cynicism, wrapped in sarcasm)
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To: ChicagoConservative27

The Brandon administration is busting its ass trying to defend their beloved Socialism and Communism. Yellen is not the kind of maggot we need in that position at this time. She’s worthless.


15 posted on 03/10/2022 4:20:05 PM PST by FlingWingFlyer (Don't blame me, I voted for President Trump. Let's Go Brandon! FJB!)
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To: ChicagoConservative27

That’s not a prediction.

That’s the plan and they are telling us what they i tend to do to us disguised as a prediction.


16 posted on 03/10/2022 4:20:11 PM PST by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith…)
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To: ChicagoConservative27

So is that permanently transitory or transitorily transitory? CoVid CoVid Covid, or Russia Russia Russia? Trump’s fault? Climate change?


17 posted on 03/10/2022 4:20:13 PM PST by Billthedrill
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Better than mean tweets


18 posted on 03/10/2022 4:20:39 PM PST by dsrtsage ( Complexity is just simple lacking imagination)
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To: Andyman
Can’t be. Jen P said it would be mostly done by the end of the year.

Of course. The dems are planning that, too, with midterms right around the corner.

Just watch out if/when they steal the election and are still in power after the elections.

19 posted on 03/10/2022 4:22:02 PM PST by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith…)
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To: Maris Crane

Yup, pure crap…. And not 1 bit of actual investigative reporting from the press. The drink from the same cesspool and scream at anyone that questions the logic like Donald Sutherland in the movie The Body Snachers.


20 posted on 03/10/2022 4:22:45 PM PST by midwest_hiker
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