Janet Yellen: “I would argue that we cannot have normal rates unless the economy is normal.”

We certainly have proposed extending the Child Tax Credit, which was immensely helpful, and we are supportive of the legislation that has gone through the House.

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In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'

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