{"id":55406,"date":"2021-11-23T04:08:25","date_gmt":"2021-11-23T00:08:25","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=55406"},"modified":"2021-11-23T04:08:29","modified_gmt":"2021-11-23T00:08:29","slug":"yellen-not-worried-about-a-1970s-inflation-replay","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/yellen-not-worried-about-a-1970s-inflation-replay\/11\/23\/market-updates\/","title":{"rendered":"Yellen: Not Worried About A 1970s Inflation Replay"},"content":{"rendered":"\n<p>\u201cPrice pressures to subside as life normalizes in 2022,\u201d US Treasury Secretary Janet Yellen said while crossing wires during late Monday night. <br><br>The policymaker expected, \u201cMonthly CPI around 0.2% to 0.3% in H2 of 2022.\u201d Earlier, US Treasury Secretary Yellen spoke during a CNBC interview while saying, \u201cInflation has reached a level that concerns most Americans.\u201d<br><\/p>\n\n\n\n<p>As a reaction to the comments, investors and traders have the opportunity to consolidate recent gains following the news amid a quiet Asian session on early Tuesday.<br><br><strong>Important Comments<br><\/strong><\/p>\n\n\n\n<p>We do have to be concerned about inflation.<br><br>Inflation partly a reflection of pandemic impact on the economy.<br><br>White House is doing everything it can to address bottlenecks.<br><br>Fed needs to play important role to make sure inflation doesn&#8217;t remain endemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cPrice pressures to subside as life normalizes in 2022,\u201d US Treasury Secretary Janet Yellen said while crossing wires during late Monday night. The policymaker expected, \u201cMonthly CPI around 0.2% to 0.3% in H2 of 2022.\u201d Earlier, US Treasury Secretary Yellen spoke during a CNBC interview while saying, \u201cInflation has reached a level that concerns most &hellip;<\/p>\n","protected":false},"author":13,"featured_media":41922,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,37,36],"tags":[6885,6987,8123,7908,8124],"class_list":["post-55406","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-fed","tag-inflation","tag-policymakers","tag-supply-chain-bottlenecks","tag-us-treasury"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=55406"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55406\/revisions"}],"predecessor-version":[{"id":55411,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55406\/revisions\/55411"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/41922"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=55406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=55406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=55406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}