Janet Yellen actually said...

There can be no acceptable outcomes if the debt ceiling isn't raised, regardless of what decisions we make.

Yellen states that failing to raise the debt ceiling will lead to unacceptable consequences.

05/20/2023

More Janet Yellen Quotes

We clearly want to see continued improvement in the labor market, and we want to do nothing that would threaten that.

So, of course, there are risks to the recovery of tightening too soon, and we have been highly focused on those risks.

My own preference would be to be able to proceed to tighten in a prudent and gradual manner...

It is very important for there to be a long-term debt requirement.