I just read Yellen's speech summary from back in November, and I was hoping to get the subs thoughts on the issue.
Yellen stated that she was under the impression that the lack of inflation was due to one-time items (such as the drop in cell-phone servicing fees) but also stated that it could be due to more permanent issues (such as the aging population.)
Here's the summary of the report here: http://ift.tt/2Fki6Xo
I was wondering if you all sided with Yellen's belief that inflation should pick up in the next year or two or if you think we're in a persistently stagnant inflationary environment due to more permanent issues?
I'd love to hear your thoughts! Thanks
Submitted January 10, 2018 at 01:27PM by Blondeandblemished http://ift.tt/2EtUyhp