Mises Wire
Author:
Hunter Lewis
Online Publish Date:
Janet Yellen celebrated her confirmation as Fed Chairman on January 6 by immediately issuing a carefully hedged prediction: “I am hopeful that the first digit [ of GDP growth] could be 3 rather than 2 and [that] inflation will move back toward our longer-run goal of 2%.” Let’s hope she has better luck with her predictions than the retiring Ben