Janet Yellen: “I think it is quite important that in making fiscal policy and other decisions that the focus be on how can that be…”

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

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

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'