On the recordJanuary 18, 2021
Right now, taking too little action poses the greatest risk to the health of our economy.
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congress.govRight now, taking too little action poses the greatest risk to the health of our economy.
Yellen warns against inaction during the pandemic's economic challenges.
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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.
I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.
We share the objective that you have which is to rid ourselves of dependence on China.