Yellen: Inflation 'Well-Behaved' Despite Strong Jobs Market, No Need for More Rate Hikes

Yellen believes inflation is "really well-behaved" and the Fed's interest rate hikes seem to be working to bring it down.

She dismissed concerns that a strong September jobs report could push the Fed to keep rates higher for longer.

Yellen remains confident American consumers, businesses, and banks can withstand rising rates.

She doesn't see signs of dysfunction in markets due to increased rates.

Professor Siegel agrees the economy's strength shouldn't lead to further rate hikes by the Fed.