Janet Yellen says Americans will likely see another year of ‘very uncomfortably high’ inflation.
She previously said it would always be transitory.
— unusual_whales (@unusual_whales) March 11, 2022
These charts from the @WSJ put the current US #inflation surge in a 40-year context while also illustrating the breadth of the price pressures.
Keep an eye on the evolution of inflationary expectations, especially the level of/balance between adaptive and anticipatory components. pic.twitter.com/yaVhHs3Nuw— Mohamed A. El-Erian (@elerianm) March 11, 2022
I tell the grocery store checkout lady that I drive an EV and she rings everything up at the old prices. https://t.co/dpJ0gny6lt
— Mandrik (@Mandrik) March 10, 2022