Yellen taking questions in London

  • Consumer survey expectations about future earnings are a good indicator of consumer spending

Slow start to this one, she's telling crisis-era anecdotes.

  • We're more-actively trying to talk to banks and get ground-level insight
  • It would not be a good thing to unwind financial regulation
  • Don't expect another crisis in our lifetime

The comment about her lifetime is getting a lot of attention. Don't forget, Yellen is 70.