“Treasury secretary concedes she was wrong on ‘path that inflation would take'”
June 2, 2022
“US Treasury Secretary Janet Yellen admitted Tuesday that she had failed to anticipate how long high inflation would continue to plague American consumers as the Biden administration works to contain a mounting political liability…
Yellen and other White House officials once framed inflation as a temporary side effect of the economy returning to normal following the pandemic, pointing to snags in supply chains and demand outstripping supply. Yet months later, inflation is running at a near-four-decade high…”
https://www.cnn.com/2022/05/31/politics/treasury-secretary-janet-yellen-inflation-cnntv/index.html
Mistake? Will they be fired? If a normal person were to tank a business they would be fired.