Former Treasury Secretary Janet Yellen predicts President Donald Trump's tariffs will cause prices to rise and average household income to fall, despite a slowing trend in the U.S. inflation rate. "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," Yellen said Thursday on CNBC's "Money Movers." The Biden-era Cabinet secretary made that prediction even as she noted that when it comes to Trump's tariffs, "There remains a huge degree of uncertainty about exactly what is going to go into effect." But "I definitely expect that ... (full story)