Janet Yellen: “We will certainly, as the law requires, consult with Congress.”

There will be a negotiation over what to do when these tax cuts expire.

The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000 reduction in income.

I definitely expect that we’re going to see them impact pricing.

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.