We wish Ms. Yellen the best. I heard a recount of this moment on Bloomberg Radio and the word “excruciating” was used. And it is to watch. She falls silent for more than 20 seconds. To her great credit Ms. Yellen got through it. It must have been a very difficult moment.
But this is of concern. Yellen is the arguably the second most powerful person in the world and we are in a particularly sensitive time economically.