Janet Yellen: “In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'”

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 tax cuts passed by Donald Trump and Congressional Republicans... was responsible for many of the problems that we face now with our fiscal trajectory.

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.

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