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Yellen on if Inflation Will Hit 2% This Year: It’ll Fall, ‘Can’ ‘Get Into the Twos’
Breitbart ^ | 04/08/2024 | Ian hatchett

Posted on 04/08/2024 7:13:35 PM PDT by ChicagoConservative27

During an interview with CNBC released on Monday, Treasury Secretary Janet Yellen responded to a question on whether she is confident that inflation will hit the target rate of 2% by stating that she expects that inflation “will continue to come down over time.” And “we can certainly get into the twos.” Yellen also stated that “we’ve had generally good news on inflation.”

CNBC host Sara Eisen asked, “You’re still confident we can get to 2% this year? We’ve seen a little bit of a flare-up so far this year.”

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


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: donatefreerepublic; economy; fall; getajob; hit; inflation; ssicola2024; tightwad; yellen
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She's full of stupid 24/7.
1 posted on 04/08/2024 7:13:35 PM PDT by ChicagoConservative27
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To: ChicagoConservative27

2 posted on 04/08/2024 7:14:57 PM PDT by HYPOCRACY (Brandon's pronouns: Xi/Hur)
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To: ChicagoConservative27

How about -15% for a few years to unwind all the damaged that arsehole Brandon did.


3 posted on 04/08/2024 7:15:30 PM PDT by ProtectOurFreedom (“When exposing a crime is treated like a crime, you are being ruled by criminals” – Edward SnowdenA)
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To: ChicagoConservative27

She should have resigned and retired after her “transitory” inflation pronouncement.


4 posted on 04/08/2024 7:16:58 PM PDT by LibFreeUSA
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To: ChicagoConservative27

Transitory.


5 posted on 04/08/2024 7:17:48 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money)
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To: ChicagoConservative27

Inflation is a big Number Two.


6 posted on 04/08/2024 7:17:57 PM PDT by Nextrush (FREEDOM IS EVERYBODY'S BUSINESS-REMEMBER REV. NIEMOLLER)
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To: ChicagoConservative27

Whatever inflation number is reported, it will be much lower than the real inflation for all but the richest Americans.


7 posted on 04/08/2024 7:22:49 PM PDT by CatOwner (Don't expect anyone, even conservatives, to have your back when the SHTF in 2021 and beyond.)
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To: Oldeconomybuyer

She’s a clown.


8 posted on 04/08/2024 7:26:37 PM PDT by Gaffer
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To: ChicagoConservative27

>> She’s full of stupid 24/7.

And ugly...


9 posted on 04/08/2024 7:28:09 PM PDT by Nervous Tick ("First the Saturday people, then the Sunday people...": ISLAM is the problem!)
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To: ProtectOurFreedom

>> How about -15% for a few years to unwind all the damage

Exactly. Even if inflation DID hit 2%, we’ve already taken a 15% hit in our wealth and buying power. And for what? Green new deal?


10 posted on 04/08/2024 7:29:33 PM PDT by Nervous Tick ("First the Saturday people, then the Sunday people...": ISLAM is the problem!)
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To: ChicagoConservative27

Is that above the already 25+%?


11 posted on 04/08/2024 7:34:56 PM PDT by Road Warrior ‘04 (BOYCOTT Anheuser Busch, the NFL, MLB, NBA, NASCAR & Faux Snooze! Molon Labe! Oathkeeper! )
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To: ChicagoConservative27

Math is hard.


12 posted on 04/08/2024 7:57:47 PM PDT by Zathras
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To: ChicagoConservative27

Inflation can get into the twos.

**************

I doubt it.

Even if it does, the upward pricing that has already occurred will be maintained.


13 posted on 04/08/2024 8:03:25 PM PDT by unclebankster (Globalism is the last refuge of a scoundrel.)
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To: ChicagoConservative27

Given that the Fed has way slowed down the printing presses she is probably correct. The issue is that after a period of high inflation when you stop the presses Recession is guaranteed.


14 posted on 04/08/2024 8:17:03 PM PDT by Nateman (If the Pedo Profit Mad Moe (pig pee upon him!) was not the Antichrist then he comes in second.)
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To: ChicagoConservative27

They will redefine inflation to get it to 2%.


15 posted on 04/08/2024 8:19:48 PM PDT by Chgogal (Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell.)
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To: ChicagoConservative27

Inflation can’t go down when the dollar is being destroyed by borrowing.


16 posted on 04/08/2024 8:22:43 PM PDT by Revel
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To: Chgogal

22. 😡


17 posted on 04/08/2024 8:23:02 PM PDT by cowboyusa (AT THIS POINT, I'M WARMING TO AN AMERICAN PINOCHETE. )
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To: ChicagoConservative27

Translation: Don’t worry, we’ll cook the books to make it look that way.


18 posted on 04/08/2024 8:42:09 PM PDT by Blood of Tyrants (The problem with socialism is that you eventually run out of other people's money. - M. Thatcher)
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To: ChicagoConservative27

They’re urinating down our backs and telling us it’s raining.

L


19 posted on 04/08/2024 8:43:23 PM PDT by Lurker ( Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: ChicagoConservative27

Stupid indeed. Compounded Inflation


20 posted on 04/08/2024 8:43:32 PM PDT by griswold3 (Truth, Beauty and Goodness. )
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