On the recordFebruary 26, 2014
I cannot give you a date certain, but----
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congress.govI cannot give you a date certain, but----
Yellen indicates uncertainty about the timing of upcoming regulatory changes.
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The Fed does not have a 'good handle on how the tariffs are going to affect either spending in the labor market or inflation.'
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.
The President has been very clear that no family earning less than $400,000 will face a tax hike.