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


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...

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