Janet Yellen clarifies inflation comments after roiling Wall Street
NY Post
Treasury Secretary Janet Yellen said Tuesday she wasn’t expecting an inflation problem as the U.S. economy rebounds, walking back comments that unsettled markets hours earlier.
Yellen had said earlier in the day that interest rates may need to be hiked in order to stave off inflation. “So let me be clear: That’s not something I’m predicting or recommending,” Yellen said during a Wall Street Journal CEO Council Summit.More Related News
I can’t tell you if Donald Trump will spend a day in jail after a Manhattan jury’s guilty verdict in that absurd hush-money case. What I can report with a great degree of certainty is that Trump isn’t a guy acting particularly worried about the outcome; in fact, he thinks it’s going to propel him back into the White House.