Janet Yellen, US Treasury secretary, speaks at a news conference during the annual meetings of the International Monetary Fund (IMF) and World Bank Group in Washington, DC, US, on Friday, Oct. 14, 2022. Yellen this week, reacting to data showing another faster-than-anticipated increase in consumer prices, said the US has "more work to do" to restrain the worst burst of inflation since the 1980s. Photographer: Ting Shen/Bloomberg
Janet Yellen, US Treasury secretary, speaks at a news conference during the annual meetings of the International Monetary Fund (IMF) and World Bank Group in Washington, DC, US, on Friday, Oct. 14, 2022. Yellen this week, reacting to data showing another faster-than-anticipated increase in consumer prices, said the US has "more work to do" to restrain the worst burst of inflation since the 1980s. Photographer: Ting Shen/Bloomberg

Janet Yellen’s learning curve

Looking beyond her rocky start, Janet Yellen reflects on inflation and the cognitive biases that affect policy makers and markets.
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