On the recordJuly 15, 2015
At the same time, inflation is very low, and while we have indicated that a good share of that is for reasons we believe will be transitory...
Source
congress.govAt the same time, inflation is very low, and while we have indicated that a good share of that is for reasons we believe will be transitory...
Yellen explains the current low inflation and its expected transitory nature.
Share
More from Janet Yellen
Corporate anonymity enables money laundering, drug trafficking, terrorism, and corruption.
We need to enact policies to make sure that the debt stays sustainable and we are on a fiscally sustainable path.
I think what we found during that time was that implementing strong capital, liquidity, and risk management rules led to a stronger banking system.