World Bank | What Did You Say? whatdidyousay.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from whatdidyousay.org Daily Mail and Mail on Sunday newspapers.
Treasury Secretary Janet Yellen acknowledged
“rapid inflation” will persist for several more months after she repeatedly downplayed the risk of consumer price increases. Americans can expect consumer prices to continue their rapid rise until returning to normal in the
“medium term,” Yellen said Thursday in an interview with CNBC. But Yellen, along with top Federal Reserve officials, predicted inflation wouldn’t be a concern.
“We will have several more months of rapid inflation,” Yellen told CNBC.
“So I’m not saying that this is a one-month phenomenon.”
“But I think over the medium term, we’ll see inflation decline back toward normal levels,” she said. “But, of course, we have to keep a careful eye on it.”
greeted by cuban president. he is meeting with him and possibly fidel castro. some wonder if it will be bitter after the pope criticized cuba s marxist model. a huge mass in santiago square. stories you can bank on this morning beginning with how american taxpayers could be getting money back from aig. joining us now is lauren simonetti fox business news. he says the u.s. tax payer o could get 10 billion in profits after we bailed out aig. it will be nice to get profits. what about the global scandal. there s more on this, right? we are talking possible criminal charges. the former governor of new jersey don corzine and former ceo of ms global.
to hear the arguments. they were 90 minutes yesterday. there were three all together yesterday, today and tomorrow a total of 6 hours. today we will have two hours of arguments on that individual main mandate. they wonder if it was brought prematurely under the 1867 act if you haven t already paid a tax you can t challenge it in court. nobody is going to pay this tax a penalty for not buying health insurance until 2015. they didn t give any indication they are going to buy that. you never know for sure but here s one indication from justice breyer. congress doesn t use the word tax. what it says is penalty. this is not in the internal revenue code but for purposes of collection. and so why is this a tax? today you are arguing that the penalty is not a tax. tomorrow you will be back and you will be arguing the penalty is a tax. a little disagreement over whether or not the penalty if you don t buy health insurance is actually a tax and whether it falls under an anti in
as you know there were protestors out here. it was like a three-ring circus. we had protestors for and protestors against. line of people wait to go get in to hear the arguments. they were 90 minutes yesterday. there were three all together yesterday, today and tomorrow a total of 6 hours. today we will have two hours of arguments on that individual main mandate. they wonder if it was brought prematurely under the 1867 act if you haven t already paid a tax you can t challenge it in court. nobody is going to pay this tax a penalty for not buying health insurance until 2015. they didn t give any indication they are going to buy that. you never know for sure but here s one indication from justice breyer. congress doesn t use the word tax. what it says is penalty. this is not in the internal revenue code but for purposes of collection. and so why is this a tax? today you are arguing that the penalty is not a tax. tomorrow you will be back and you will be arguing the penalty