Janet Yellen: “I can tell you that at this level of statutory rates, as well, the United States' corporate rate, including Federal and…”

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

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

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.

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