Who Killed U.S. Inflation? Here Are Suspects in Yellen's Mystery
- Was it technology, in the factory sector, with wage deflation?
- From foreign workers to Amazon and airfare, suspects abound
Yellen Says There Are No Plans to Change Inflation Goal
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Was it the seamstress in Bangladesh, with her low wages? Or Jeff Bezos, with his low prices?
Federal Reserve Chair Janet Yellen has labeled this year’s unexpected inflation slowdown a “mystery,” and there are a few possible suspects.