Janet Yellen: “I completely agree that an independent central bank in a democratic society needs to explain itself to the public and to…”

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.

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.

We certainly have proposed extending the Child Tax Credit, which was immensely helpful, and we are supportive of the legislation that has gone through the House.

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