Yellen Critiques Market Overreaction to Inflation Data 📅 Published on: February 15, 2024 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 Bonds Fall After ‘One-Two Punch’ of ISM READ MORE Fed's Emergency Loan Program Sees Crucial Rate Hike READ MORE China's Leadership Mulls Market Rescue Measures Amid Stock Crisis READ MORE Fed Rate Cut Hopes Dampened by Persistent Inflation and Strong Job Growth READ MORE Add a Comment Cancel replyYour email address will not be published.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
