On the recordJuly 14, 2015
Congress should expect, and this is embodied in CBO projections that as the economy recovers, short-term interest rates will rise.
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congress.govCongress should expect, and this is embodied in CBO projections that as the economy recovers, short-term interest rates will rise.
Yellen discusses expectations for rising interest rates as the economy improves.
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We share the objective that you have which is to rid ourselves of dependence on China.
I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.
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.