Janet Yellen: “I believe it is important to have a diverse group of policymakers who can bring different perspectives to bear.”

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

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

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.

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'