{"id":66331,"date":"2022-06-01T02:58:33","date_gmt":"2022-05-31T22:58:33","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=66331"},"modified":"2022-06-01T02:58:51","modified_gmt":"2022-05-31T22:58:51","slug":"secretary-yellen-i-was-wrong-about-the-path-inflation-would-take","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/secretary-yellen-i-was-wrong-about-the-path-inflation-would-take\/06\/01\/market-updates\/","title":{"rendered":"Secretary Yellen: I was wrong about the path inflation would take"},"content":{"rendered":"\n<p>US Treasury Secretary Janet Yellen said during a CNN interview on early Wednesday &#8220;Inflation is number one concern for President Biden\u201d.<br><br>Financial markets are digesting Yellen\u2019s comments amid a generally quiet early Asian session. The AUD\/USD pair pauses the day-start recovery moves around 0.7180.<br><br><strong>Key Quotes<\/strong><br><br>I was wrong about the path inflation would take.<br><br>Biden shares Fed&#8217;s priority for lowering inflation, believes strongly in Fed independence.<br><br>Encouraged by declines in core inflation but oil prices remain high.<br><br>Cannot rule out further inflationary shocks.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US Treasury Secretary Janet Yellen said during a CNN interview on early Wednesday &#8220;Inflation is number one concern for President Biden\u201d.Financial markets are digesting Yellen\u2019s comments amid a generally quiet early Asian session. The AUD\/USD pair pauses the day-start recovery moves around 0.7180.Key QuotesI was wrong about the path inflation would take.Biden shares Fed&#8217;s priority &hellip;<\/p>\n","protected":false},"author":13,"featured_media":61264,"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":[7214,6987,7265],"class_list":["post-66331","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-biden","tag-inflation","tag-janet-yellen"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66331","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=66331"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66331\/revisions"}],"predecessor-version":[{"id":66336,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66331\/revisions\/66336"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/61264"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=66331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=66331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=66331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}