Janet Yellen actually said...

So we are seeing a recovery, I would say, in housing. It has gone on now for a number of years, but it is very, very gradual.

It is essentially a theory that fits reasonably, but certainly not perfect, explaining the inflation process.

we are committed to a formal rulemaking process in the development of a domestic insurance capital standard.

I am certainly willing to work with you on that, but as your comment indicated, you recognize the importance of independence for regulatory ...