CSPAN2 Federal Reserve Chair Janet Yellen News Conference March 18, 2016
Overshoots some undershoot and overshoots are part of how the economy operates and our tolerance for those asymmetric with respect to under and overshoots. We did take note in a statement of the fact that inflation has picked up in recent months. I see some of that is having to do with unusually high inflation readings in categories that tend to be quite a volatile without very much significance for inflation over time. So im wary and having it concluded that we have seen any significant uptick ...
Source: archive.org