We see inflation all over the developing world

The testimony continues for Yellen / Powell

ON inflation Yellen says:

  • We see inflation all over the developing world
  • we have seen a shift in spending from services to goods
  • also sees reduced labor supply due to health issues / childcare disruptions
  • over time, infrastructure inflation will reduce inflationary pressures


  • if you removed inflation from durable goods, it would be a much lower level if inflation
  • we expect inflationary pressures to ease in the second half of 2022, but there is a huge amount of certainty surrounding the forecast
  • The conditions for reaching 2% inflation and achieving inflation above 2% for a certain time are fulfilled

Invest in yourself. See our forex education center.


Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button