MORICI: Yellen's denials of rising inflation

``Testifying before Congress last week, Federal Reserve Chairman Janet Yellen cherry-picked data on inflation by noting prices are up, on a year-over-year basis, less than the Federal Reserve's target of 2 percent... Letting inflation fly, and fibbing about it, seems to be Ms. Yellen's imprint on Fed policy, but it will likely impose devastating costs on ordinary Americans.''