{"id":61801,"date":"2022-03-11T03:00:58","date_gmt":"2022-03-10T23:00:58","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=61801"},"modified":"2022-03-11T03:01:01","modified_gmt":"2022-03-10T23:01:01","slug":"yellen-expects-us-inflation-to-remain-high-this-year","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/yellen-expects-us-inflation-to-remain-high-this-year\/03\/11\/market-updates\/","title":{"rendered":"Yellen Expects US Inflation To Remain High This Year"},"content":{"rendered":"\n<p>US Treasury sec Janet Yellen says it is likely to see inflation stay uncomfortably high this year.<br><br><strong>Key Comments<\/strong><\/p>\n\n\n\n<p><strong><br><\/strong>&#8221;Don&#8217;t want to make inflation predictions for H2 2022.&#8221;<br><br>&#8220;I think that the labour market will remain strong,&#8221; Yellen said in a CNBC interview.<br><br>&#8220;I think it&#8217;s appropriate for them to take action, but a soft landing is what I expect.&#8221;<br><br>The comments come on the day that global share markets slid as US inflation hit almost 8%, making it almost certain the US Federal Reserve will raise interest rates next week.<br><br>The European Central Bank also sped up the end of its massive stimulus program.<br><br>US consumer inflation is now running at a 7.9% annualized clip in February. This is the heaviest annual increase in 40 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US Treasury sec Janet Yellen says it is likely to see inflation stay uncomfortably high this year.Key Comments &#8221;Don&#8217;t want to make inflation predictions for H2 2022.&#8221;&#8220;I think that the labour market will remain strong,&#8221; Yellen said in a CNBC interview.&#8220;I think it&#8217;s appropriate for them to take action, but a soft landing is what &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":[37,36],"tags":[6987,7822,8551,7485],"class_list":["post-61801","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-inflation","tag-labour-market","tag-us-labour-market","tag-yellen"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/61801","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=61801"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/61801\/revisions"}],"predecessor-version":[{"id":61806,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/61801\/revisions\/61806"}],"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=61801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=61801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=61801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}