Janet Yellen: “I consider a 12 basis point difference to be really quite small and in line with the general level of interest rates.”

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

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 share the objective that you have which is to rid ourselves of dependence on China.

The treasury secretary, Janet Yellen, is my exclusive guest tonight.