Janet Yellen: “I do not favor expanding the Fed's discount window to broker-dealers and nonbanks.”

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'

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

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.

I definitely expect that we’re going to see them impact pricing.