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 Latest Inflation Data Shows Fed Has More Work to Do READ MORE When Could We See $50 Silver? Alan Hibbard on Schwab Network READ MORE Fed’s Waller still sees ‘no rush’ to cut rates amid sticky inflation data READ MORE China’s gold market in April: investment demand remained strong READ MORE Add a Comment Cancel replyYour email address will not be published.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
