On the recordJuly 14, 2014
Not only would this increase the costs of hedging, which means higher prices for consumers, but it also restricts capital that would otherwise be used for job creation or reinvestment.
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congress.govJanet Yellen: “Not only would this increase the costs of hedging, which means higher prices for consumers, but it also restricts…”
Editor's note · Context
Yellen warns that increased hedging costs will lead to higher consumer prices and reduced job creation.
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More from Janet Yellen
Jun 11, 2025
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.
Jun 11, 2025
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.
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