Janet Yellen says Americans will likely see another year of ‘very uncomfortably high’ inflation. She previously said it would always be transitory.

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. t.co/dpJ0gny6lt

— Mandrik (@Mandrik) March 10, 2022

Doocy: "Does [Biden] own an electric vehicle?”

Psaki: "Presidents of the United States don't do a lot of driving."

Doocy: "He's posted videos where he's revving the engine of his Corvette in Wilmington. He owns cars…"t.co/HbzKFtZy9C pic.twitter.com/PBHG5K2q2c

— Breaking911 (@Breaking911) March 11, 2022