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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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To: The Antiyuppie
I got your degree right here. No need for a diversity counselor or faculty lounge.


41 posted on 03/10/2022 5:38:30 PM PST by monkeyshine (live and let live is dead)
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To: ChicagoConservative27

Diesel fuel is over $4.60 a gallon here.

These people are malevolent.

L


42 posted on 03/10/2022 5:41:15 PM PST by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: roadcat

2011, Obama was President, Biden was Vice President. Oil went from $60 to over $100 a barrel. Wheat prices were at a decade high. Coincidence?

Sparked the Arab Spring.


43 posted on 03/10/2022 5:42:39 PM PST by monkeyshine (live and let live is dead)
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To: ChicagoConservative27

Marie Yellen:
“Let them eat Teslas!”


44 posted on 03/10/2022 5:55:40 PM PST by GnuThere
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To: ChicagoConservative27

Thank you, Janet. Your policies are working out splendidly.


45 posted on 03/10/2022 6:03:54 PM PST by Republican Wildcat
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To: ChicagoConservative27

In 12 months we may be like Ethiopia.


46 posted on 03/10/2022 6:35:09 PM PST by Revel
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To: ChicagoConservative27

47 posted on 03/10/2022 9:01:41 PM PST by ProtectOurFreedom (If truckers quit their jobs, society would collapse. If politicians quit their jobs...HALLELUJAH!)
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To: ChicagoConservative27

Not one of these a-holes think that opening up drilling, pipelines, production of natural resources, and stopping printing money will help anything?


48 posted on 03/10/2022 9:19:15 PM PST by vpintheak (Live free, or die!)
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To: butlerweave

There we go, the globalist ALWAYS blame war or some catastrophe for the inflation. Funny how whenever the fiat money starts crashing a war always seems to break out, what a coincidence.


49 posted on 03/10/2022 9:42:15 PM PST by Coffee_drinker (Drain The Swamp.)
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Comment #50 Removed by Moderator

To: ChicagoConservative27

This old cow looks like Tweety Bird.

Only Tweety Bird was smarter.


51 posted on 03/11/2022 11:11:14 AM PST by jmacusa (America. Founded by geniuses. Now governed by idiots. )
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