Janet Yellen: “I am very worried about the sustainability of the U.S. debt trajectory.”

There will be a negotiation over what to do when these tax cuts expire.

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

The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000 reduction in income.

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