Janet Yellen: “So, of course, there are risks to the recovery of tightening too soon, and we have been highly focused on those risks.”

I think it is appropriate to do that.

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

President Biden proposed a full-blown budget that contains substantial deficit reduction, $3 trillion over 10 years.

I definitely expect that we’re going to see them impact pricing.