Yellen Leads World in Betting Inflation Will Soon Accelerate
- Yellen, Draghi, Carney prepare investors for tighter policy
- BOJ’s Kuroda is outlier in keeping stimulus amid low inflation
FTN's Low: Yellen Is Convinced Inflation Picks Up
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The world’s top central bankers predicted inflation won’t stay low for much longer as they signaled they will push ahead with plans to gradually tighten monetary policy.
Federal Reserve Chair Janet Yellen said on Sunday that her “best guess” is consumer prices will soon accelerate after a period of surprising softness, a forecast echoed by European Central Bank President Mario Draghi and Bank of England Governor Mark Carney.