Janet Yellen: “If the Fed had been forced to follow such a rule in recent years, millions of Americans would have suffered unnecessary…”

I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.

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.

The Fed does not have a 'good handle on how the tariffs are going to affect either spending in the labor market or inflation.'

We share the objective that you have which is to rid ourselves of dependence on China.