Yellen Admits She Was Wrong on Inflation

The transcript discusses Secretary Yellen's admission of misjudging inflation, the Federal Reserve's role, and the Biden administration's focus on messaging over policy changes. It highlights the global nature of inflation and the administration's efforts to address public concerns. The discussion also touches on potential changes in the administration after the midterms and the debate between policy and messaging strategies.

What did Secretary Yellen admit regarding her previous statements on inflation?

How did the administration's messaging on inflation change after the recent economic shocks?

What role does the Federal Reserve play in addressing inflation according to the text?

What concerns do Americans have regarding the Biden administration's handling of inflation?

What potential changes in administration policy are suggested in the text as the midterms approach?