Janet Yellen’s at it Again

by Brian Maher
Daily Reckoning

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:

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