It's official. Janet Yellen is the first female Treasury Secretary in U.S. History, lawmakers confirmed Monday. We reported in November that President Joe Biden had the former Federal Reserve Chair...
Read More »Search Results for: Janet Yellen
How Janet Yellen’s Economic Policy May Impact the Industry
Confirmation hearings for incoming Secretary of the Treasury Janet Yellen began this past week. What might the new appointee mean for mortgage rates, which are now at an all-time low?...
Read More »Biden Says His Economics Team ‘Will Deliver Immediate Relief’
President-elect Joe Biden on Monday officially nominated former Federal Reserve Chair Janet Yellen as his Treasury Secretary. This is a confirmation of news reported here last week. Biden-Harris' economics-team announcements,...
Read More »Janet Yellen Is Biden’s Treasury Secretary Pick
President-Elect Joe Biden has chosen former Federal Reserve Chair Janet Yellen as his Treasury Secretary, several news outlets report, and the Associated Press has confirmed, through an unnamed source. Yellen...
Read More »Could Fed Policy Inadvertently Disrupt the Housing Market?
...their mortgages, with the goal of either lowering their monthly payments or tapping into their property’s equity. Former Federal Reserve Chairwoman Janet Yellen referred to this as a “savings glut”...
Read More »Fed Chair Jerome Powell, Clarifies His Stance
...Janet Yellen and Ben Bernanke. In December, the Federal Reserve announced its final rate hike of 2018, raising interest rates to 2-1/4 to 2-1/2 percent. The market was expecting this...
Read More »Demystifying the Economics of Housing
...This would probably tack on 75 basis points to your mortgage rates. Do you predict Jerome Powell differing in his stance from the path Janet Yellen set forth? When Powell...
Read More »The Industry Pulse: Updates on the New York Fed, Freddie Mac, and More …
...of the Federal Reserve Bank of San Francisco, a role he has had since March 1, 2011, when he succeeded former Federal Reserve Chair Janet Yellen. The San Francisco Fed...
Read More »John C. Williams Named President of New York Fed
...Federal Reserve Chair Janet Yellen. The San Francisco Fed is responsible for the Twelfth Federal Reserve District, the largest by geography and population. Among the unique roles of the San...
Read More »How Many Interest Rate Hikes Inbound in 2018?
...market, and how his responses and philosophy will differ from his predecessor, Janet Yellen. After leaving the benchmark interest rates unchanged at Yellen’s final meeting of the Federal Open Market...
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