Janet Yellen: “I cannot give you a definite timetable for our reconsideration of this, but it is something where perhaps our…”

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.

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'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