This is the Fox News rundown Extra.

I'm Jessica Rosenthal. This week we spoke with Wall Street Journal senior writer John

Hilsenrath about his new book on Janet Yellen, the current Treasury Secretary. She was

once Federal Reserve Chair, and she was previously chair of the White House Council of Economic

Advisors. She's the only person to have ever held all three roles. We talked to Hilsenrath

about why he focused on her, spoiler alert, it's in part due to the economist she's married

to, and about what he gleaned in looking back over 60 years of American economic history.

Yes, Milton Friedman's name was dropped at that point. But we also spoke with him about

inflation, the upcoming holidays, and whether or not we all planned to spend big this season

or not. We often have to cut interviews down for time during the week, but we thought

you might like to hear this full interview. Thank you for listening. Please subscribe

to the weekday rundown podcast if you haven't already. Now here's John Hilsenrath on the

Fox News rundown Extra. We still have the Fed. We don't know exactly what's next, but

unemployment is still low. Rates are still high. What's your sense of either the Fed's next

move or where we're going here as we head into the holiday season just broadly when you

look at the economic landscape? Well, the economy is at something of a crossroads. So 2022

was a year of sustained inflation higher than many of the policymakers in Washington expected

or wanted. And the risk here is that in their efforts to stop it, 2023 could be a year of

recession and rising unemployment. And this holiday season is going to send some important

signs about which way we're going, whether inflation's cools on the one hand and whether

consumers start buckling under the weight of not only high prices, but also high interest rates.

I heard an interview with Wharton Finance Professor Jeremy Siegel on Monday.

...