Yellen: Inflation Should Rebound, but Fed Could Alter Policy if Softness Persists
Wall Street Journal, July 12, 2017–Nick Timiraos (subscription)
Federal Reserve Chairwoman Janet Yellen, seeking to address a recent puzzling slowdown in global inflation, said she expects forces holding down consumer prices to fade in the months ahead, allowing the central bank to stick to its plans for gradual interest-rate increases.
