Janet Yellen: “And the decision was made at the time that the leverage ratio is not our main capital tool, but a backup capital tool…”

Corporate anonymity enables money laundering, drug trafficking, terrorism, and corruption.

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

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