Janet Yellen: “I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.”

We need to enact policies to make sure that the debt stays sustainable and we are on a fiscally sustainable path.

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.

But what caused our cash balances to run to exceptionally low levels in the past was the failure of Congress to raise the debt limit.

I'm very troubled by this. I was appalled by the brutal attacks by Hamas on Israel, and felt that Israel deserves our unqualified support.