Author Topic: Yellen: ‘Not Positive’ Inflation Has Peaked, It Will ‘Come Down over the Next Year or Two’  (Read 408 times)

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Offline mystery-ak

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Yellen: ‘Not Positive’ Inflation Has Peaked, It Will ‘Come Down over the Next Year or Two’

Ian Hanchett 24 Oct 2022

During a portion of an interview with NBC News released on Monday, Treasury Secretary Janet Yellen said she’s confident that “inflation will come down over the next year or two,” but while there are “good indications” that inflation will decline, she isn’t certain that inflation has peaked and doesn’t want to predict inflation numbers on a month-by-month basis.

Yellen stated, “I have confidence that inflation will come down over the next year or two, so I believe that what [the Federal Reserve is] doing will work.”

MSNBC host and NBC News Senior Business Analyst Stephanie Ruhle then asked, “Do you believe it’s peaked?”

Yellen responded, “So, I’m not positive. I don’t want to forecast month-by-month inflation numbers. The most recent data suggests we still have inflation that’s unacceptably high, but there are good indications earlier in the pipeline that inflation will come down.”

https://www.breitbart.com/clips/2022/10/24/yellen-not-positive-inflation-has-peaked-it-will-come-down-over-the-next-year-or-two/
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Online GtHawk

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Why doesn't this stupid Biotch just come right out and say she hasn't a friggin clue what she's doing? When is her next interview where she expounds on green energy, another subject she apparently knows nothing about.

Offline Wingnut

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Year or two.   My 401K will be in negative numbers if I live that long.  Could someone show that bowl-cut bitch to the door?
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Online 240B

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I always chuckle when I hear Democrats claiming that inflation will 'come down'. Inflation NEVER comes down. You can reduce the 'rate of increase', but you can never go back to 1970. It simply will never happen. What Biden and his masters have done, will last for our lifetime (and our children).

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« Last Edit: October 25, 2022, 02:13:50 am by 240B »
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Online Hoodat

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Yellen stated, “I have confidence that inflation will come down over the next year or two

Yellin must think that Republicans are about to take control of the House and Senate.
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