Yellen - deer in deflationary headlights

Yellen isn't exactly working with a stellar track record here so take these comments for what they're worth. To me, they show more confidence from policymakers that inflation is coming down and Yellen and Powell certainly sing from the same choir book.

She spoke in an interview with 60 Minutes and also said 'so far so good' on the Russian oil price cap and that there's a risk of a recession.