Janet Yellen has finally acknowledged that I was right — Quartz

We are feeling quite smug. Quite. This is even in addition to baseline readings of smugness that tend to be elevated. For months I’ve been yapping about the fact that inflation expectations has basically been falling of a cliff. (See here, here, here and here.) This is a big deal, suggesting that a disinflationary—or even…

via Janet Yellen has finally acknowledged that I was right — Quartz

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