Janet Yellen: “I would say that the data suggests that the support that fiscal policy provided during the period of recovery overall…”

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

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'

The tax cuts passed by Donald Trump and Congressional Republicans... was responsible for many of the problems that we face now with our fiscal trajectory.