Yellen Speaks: Is She Overlooking Anything?

The transcript discusses the economic implications of Russia's situation and oil prices on the US economy, highlighting concerns about potential contagion effects from Europe. It examines the risks associated with US interest rate hikes, referencing past cycles and their impact on emerging markets. The discussion also covers central bank strategies, such as quantitative easing, and their effects on currencies, particularly in Europe.

What concerns does the speaker have regarding the linkages between the US economy and the Russian economic situation?

How does the speaker relate the risk of recession in Europe to potential increases in US interest rates?

What historical examples does the speaker provide to illustrate the risks associated with the Fed raising interest rates?

What could be the consequences if the Fed raises rates too quickly or aggressively?

In what ways could a measured pace of rate increases benefit foreign central banks?