Treasury Secretary Janet Yellen, 3+ years later, expressed regret over her previous characterization of inflation as 'transitory.' In a series of public statements and a FOX BUSINESS INTERVIEW, Yellen acknowledged the misstep, emphasizing her current expectation that major contributors to inflation, including rents, will see a decrease this year. Despite this optimistic outlook, she cautioned that the path to lower inflation levels might not be smooth, referencing recent economic data indicating a rebound in price pressures at the start of the year. Yellen's comments come against a backdrop of prices being up 18.6% under Biden, with inflation having been at or above 3% for 35 straight months, reflecting a significant shift in tone from her earlier assessments and suggesting a more cautious approach to forecasting economic trends.
Treasury Secretary Yellen: "I regret saying inflation was transitory" https://t.co/EoatiVwnHp
🇺🇸🚨‼️ “I regret saying (inflation) was transitory.” — Yellen https://t.co/9Cyh0TUTRb
Janet Yellen says she 'regrets' saying inflation was 'transitory' https://t.co/DkHWuJEepc https://t.co/DkHWuJEepc
Secretary of Treasury Janet Yellen regrets saying “inflation is transitory” in 2021. Follow: @AFpost https://t.co/OIeaGPSgH8
❖ YELLEN: EXPECT HOUSING INFLATION WILL COME DOWN THIS YEAR
🔴 US TREASURY SECRETARY YELLEN: WE EXPECT HOUSING INFLATION WILL COME DOWN THIS YEAR.
🔴 US TREASURY SECRETARY YELLEN: THE INFLATION TREND IS FAVORABLE, BUT DON'T EXPECT A SMOOTH PATH.
🇺🇸 YELLEN: I REGRET SAYING INFLATION WAS TRANSITORY https://t.co/V7DyYIPFwD
"Is inflation coming back?" YELLEN: "I wouldn't expect this to be a smooth path, month-to-month, but the trend is clearly favorable!" Prices are up 18.6% under Biden — and inflation has been at or above 3% for 35 straight months. https://t.co/I9UpmtQ82r
“I regrets saying it was transitory,” Secretary Yellen tells @EdwardLawrence when asked about inflation. "It has come down, but I think transitory means a few weeks or months to most people." https://t.co/RgT90VM6mo
Treasury Secretary Yellen on inflation: "I regret saying it was transitory." https://t.co/dtzAueYKal
Janet Yellen wants to walk back her comments on inflation: “I regret saying it was transitory.” https://t.co/KzoR7IVO5c
❖ Yellen: I Regret Saying Inflation Was Transitory https://t.co/550K0kFMHU
NEW - Yellen on inflation: "I regret saying it was transitory." https://t.co/alOfbeS6TX
❖ YELLEN: EXPECTS RENTS, BIGGEST CONTRIBUTOR TO INFLATION, TO MOVE DOWN THIS YEAR
Treasury Secretary Janet Yellen says she regrets saying “inflation was transitory."
❖ Janet Yellen warns inflation decline might not be 'smooth' Yellen said Wednesday that inflation could face a bumpy return to normal after back-to-back reports showed that price pressures within the U.S. economy rebounded at the start of the year. https://t.co/5ULEwYmVjx
BREAKING: Janet Yellen warns inflation decline might not be 'smooth' https://t.co/ynL9H1xwtX
*YELLEN: I REGRET SAYING THAT INFLATION WAS TRANSITORY Finally… we are vindicated. We were right. https://t.co/Yy7ZmCxXI0
Yellen "regrets" saying inflation was transitory. https://t.co/fTf7F3WZGW
NEW - Yellen on inflation: "I regret saying it was transitory." https://t.co/zYgpGzuGS6
Treasury sec. Janet Yellen: I regret saying inflation was transitory https://t.co/xcbsqGiuMi
TREASURY SEC. JANET YELLEN (3+ years later): "I regret saying [inflation] was transitory." https://t.co/grdATNkgJx
YELLEN SAYS I REGRET SAYING INFLATION WAS TRANSITORY
TREASURY SECRETARY JANNET YELLEN SAYS SHE REGRETS TELLING EVERYONE THAT “INFLATION WAS TRANSITORY” https://t.co/ufCiCNAiJ4
🇺🇸 JANET YELLEN: I REGRET SAYING INFLATION WAS TRANSITORY
❖ YELLEN: I REGRET SAYING INFLATION WAS TRANSITORY
🔴 US TREASURY SECRETARY YELLEN: I HAVE EVERY EXPECTATION THAT THE SINGLE BIGGEST CONTRIBUTOR TO INFLATION WILL BE MOVING DOWN THIS YEAR- FOX BUSINESS INTERVIEW
❖ YELLEN SAYS SHE HAS EVERY EXPECTATION THAT SINGLE BIGGEST CONTRIBUTOR TO INFLATION WILL BE MOVING DOWN THIS YEAR- FOX BUSINESS INTERVIEW