by Brian Maher
Ms. Janet Yellen is talking again. From comments Sunday:
“If we ended up with a slightly higher interest rate environment it would actually be a plus for society’s point of view and the Fed’s point of view.”
A higher interest rate environment would likely arise from a higher inflation environment.
Inflation is presently on the jump.
Is it “transient” as the Federal Reserve insists? Or is it a mere foretaste of inflation to come?
Expert opinion divides. Yet we would like to ask Ms. Yellen this question: