low inflation likely temporary but may have misjudged
Friday 4 July 2025
Last Updated : GMT 05:17:37
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Low inflation likely temporary but may have 'misjudged'

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Emiratesvoice, emirates voice Low inflation likely temporary but may have 'misjudged'

US Federal Reserve Chair Janet Yellen
Washington - Emirates Voice

US Federal Reserve Chair Janet Yellen said Tuesday that central bankers believe the surprisingly low inflation in the past year is only temporary, but she acknowledged they may have "misjudged" the situation.

In her first comments since the Fed last week decided to keep the benchmark interest rate on hold, Yellen again said gradual rate hikes will be appropriate, but she warned against "moving too gradually" and risk fueling inflation.

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low inflation likely temporary but may have misjudged low inflation likely temporary but may have misjudged

 



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low inflation likely temporary but may have misjudged low inflation likely temporary but may have misjudged

 



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