Wearing her Treasury Secretary hat, former Fed Chair Yellen is on the wires saying:
- It takes tremendous mistake to focus on minor fluctuations in the CPI
- Prices of gasoline, eggs, cars and trucks have declined. Inflation overall is coming back down to normal levels
- Americans are starting to feel better about the economy.
- We know there's more work to do, but good jobs are being created all over the United States
"Tremendous mistake"? I get it, but a "tremendous" mistake. It wasn't long ago that there was talk of not making the mistake of the 1970s or that we are "watching the data". Just saying....
