Janet Yellen: “I do not believe that Glass-Steagall was responsible for the financial crisis.”

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In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'

President Biden proposed a full-blown budget that contains substantial deficit reduction, $3 trillion over 10 years.

I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.