On the recordDecember 2, 2015
It would subject us to regular GAO audits of our monetary policy decision-making.
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congress.govIt would subject us to regular GAO audits of our monetary policy decision-making.
Yellen discusses the implications of increased oversight on Fed's decision-making.
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I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs.
I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.