Treasury Secretary Yellen: It's a tremendous mistake to focus on minor fluctuations in CPI
Wearing her Treasury Secretary hat, former Fed Chair Yellen is on the wires saying:It takes tremendous mistake to focus on minor fluctuations in the CPIPrices of gasoline, eggs, cars and trucks have declined. Inflation overall is coming back down to normal levelsAmericans are starting to feel better about the economy.We know there's more work to do, but good jobs are being created all over the United States"Tremendous mistake"? I get it, but a "tremendous" mistake. It wasn't long ago that there was talk of not making the mistake of the 1970s or that we are "watching the data". Just saying.... This article was written by Greg Michalowski at www.forexlive.com.
Wearing her Treasury Secretary hat, former Fed Chair Yellen is on the wires saying:
- It takes tremendous mistake to focus on minor fluctuations in the CPI
- Prices of gasoline, eggs, cars and trucks have declined. Inflation overall is coming back down to normal levels
- Americans are starting to feel better about the economy.
- We know there's more work to do, but good jobs are being created all over the United States
"Tremendous mistake"? I get it, but a "tremendous" mistake. It wasn't long ago that there was talk of not making the mistake of the 1970s or that we are "watching the data". Just saying.... This article was written by Greg Michalowski at www.forexlive.com.
