EXCERPT:
YELLEN: "So, I think we've been through a lot, everybody. The pandemic caused an enormous amount of disruption in people’s lives. And we’re still in the aftermath of what’s been a serious shock. And we’ve had serious global shocks. And although prices are rising at a much slower pace than they were, inflation is substantially off its highs, the level of prices of some things that people buy and are important to them are higher. A good example would be rents. Rents have gone up considerably.“