Former US Treasury Secretary (2021-2025) and Federal Reserve Chair (2014-2018)
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“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”EconomyPolitics
“our best estimate is that we will be unable to continue to satisfy all of the government’s obligations by early June, and potentially as early as June 1, if Congress does not raise or suspend the debt limit before that time.”PoliticsEconomy
“Well, I believe by the end of next year you will see much lower inflation. if there's not-- an unanticipated shock.”Economy
“Well, I expect that to happen next year.”Economy
“Yes. I am confident that what we need to do to come into compliance with the minimum tax will be included in a reconciliation package.”PoliticsEconomy
“Well, I would expect that, if this package is passed, that we would get back to full employment next year.”EconomyPolitics
“But my baseline is I don’t see a recession, I don’t think it’s likely. And I expect them to stay on hold during the year.”Economy
“I hope that it will not be in our lifetimes and I don't believe it will be”BankingEconomy