US Treas Sec Yellen comments on the debt ceiling, inflation, recession prospects

Speaking in a US media interview (NPR Marketplace), covering a few topics:

• Warns of a recession if the debt limit is not raised
• Both the Republican Party and the Democrats should raise the debt ceiling
• Expects that Congress will enact a debt-limit bill
• The Build Back Better program is anti-inflationary in the medium term
• The Federal Reserve will not allow 1970s-style inflation to return
• Inflation will be closely monitored, the Federal Reserve is already doing so