Janet Yellen says inflation will be under control by end of next year
WIBC 9AM-Noon Podcast
WIBC
4.6 • 1.2K Ratings
🗓️ 13 December 2022
⏱️ 3 minutes
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| 0:00.0 | OK, now we mentioned Janet Yellen, so let's talk about her really quick. |
| 0:03.7 | She is now predicting a major inflation cool down. |
| 0:07.8 | She was on CBS the 60 minutes and during this interview, she's, she's very, |
| 0:13.2 | very positive about what's coming in the future. Let's take a listen. |
| 0:17.3 | I think we'll see a substantial reduction in inflation in the year ahead. |
| 0:22.7 | It's going to take a year. Well, I believe by the end of next year, |
| 0:26.7 | you will see much lower inflation if there's not an unanticipated shock. |
| 0:33.5 | OK, I'm going to pull a total Chris Farley right now. |
| 0:35.6 | Yes, go ahead, please. |
| 0:36.5 | Do you remember the skit where Chris Farley was meeting with Paul McCartney |
| 0:40.2 | and he kept saying, you remember that? Remember that? |
| 0:42.1 | Yeah, yeah. |
| 0:43.0 | OK, do you remember when Yellen downplayed concerns about inflation in March of 21 |
| 0:48.4 | and she said it was just a small risk of inflation? Do you remember that? |
| 0:51.7 | Yeah, it's a trans story. |
| 0:52.7 | Yeah, do you remember when she said, yeah, buy and go ahead and do your $1.9 trillion |
| 0:57.2 | COVID stimulus package? |
| 0:58.9 | Yes. Do you remember that? |
| 0:59.7 | Yeah, I remember that. |
| 1:00.2 | OK, do you remember when gas prices surged to record highs? |
| 1:03.5 | Yeah, I remember that. |
| 1:04.0 | OK, do you remember when in June of this year, she came out and she admitted |
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