Janet Yellen: “It is very unlikely that the Fed would end up with negative income.”

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.

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

He will oppose any tax increases on families earning under $400,000 at the same time that he will oppose keeping in place benefits that went to the wealthy.