Janet Yellen: “I do not favor expanding the Fed's discount window to broker-dealers and nonbanks.”

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

How is it that our corporations, our multi-nationals would remain competitive if they pay a rate on their foreign profits that is higher than 15 percent?

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