Treasury Secretary Yellen: "I Regret Saying" Inflation Was "Transitory"
I regret saying it was transitory. It has come down, but I think transitory means a few weeks or months to most people, and that -- it's lasted longer than that
By News on the Net -- Real Clear Politics—— Bio and Archives--March 14, 2024
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FBN's Edward Lawrence sat down with Treasury Secretary Janet Yellen where she commented on how the "Inflation Reduction Act" is going and notably said she regrets calling inflation "transitory" ahead of the 2022 midterm elections.
"I don't think we're going to see stagflation. Most forecasters believe we're on a path where inflation will come down over time," Yellen told FOX Business Network in an interview that aired Wednesday. ---More...
Biden's Treasury Secretary says she "regrets" saying that inflation was "transitory."
— Tim Young (@TimRunsHisMouth)March 13, 2024
Aka she regrets being caught in a lie.
This is the same administration who have had to "revise" jobs numbers down 11 out of the last 13 reports... liars. pic.twitter.com/NHuIE1RMpZ
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