Janet Yellen: “The current structure works well, so I would not recommend changes.”

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

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.

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'

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