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 Gold prices have been hitting record highs — here’s why the rally is far from over READ MORE US labor market still tight; productivity falters in first quarter READ MORE The Fed Will Slow QT. What Matters Is Where It Stops READ MORE US to reimpose oil sanctions on Venezuela over election concerns READ MORE Add a Comment Cancel replyYour email address will not be published.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