...likely contributing factor, with new Fed Chair Jerome Powell having just taken over from the departing Janet Yellen. While Powell, who was officially sworn in on Monday, is widely expected...
Read More »Search Results for: Janet Yellen
Fed Maintains Interest Rates as Yellen’s Tenure Winds Down
Janet Yellen oversaw her final meeting of the Federal Reserve’s Federal Open Market Committee (FOMC) Wednesday afternoon, with the Committee holding fast on interest rates and revising their projections on...
Read More »Senate Confirms Powell as Federal Reserve Chair
...Federal Reserve Chair Janet Yellen after her term expires in February 2018. The choice of Powell as new Fed Chair is a departure in a long tradition of reappointing Fed...
Read More »Mulvaney Requests Zero Funding for CFPB in Q2
...Chair Janet Yellen, said that the bureau did not need any new funds to operate during the second quarter. The bureau has on deposit $177.1 million to cover emergencies and...
Read More »After Delay, Powell and Montgomery Noms Proceed to Full Senate
...full Senate vote, Powell will succeed current Fed chair Janet Yellen, who announced her retirement from the Fed’s Board of Governors in early November, following Powell’s nomination as Fed Chair...
Read More »Powell Was Hesitant About Fed MBS Purchases in 2012
...clicking here. Meanwhile, with Fed Chair Janet Yellen departing and Jerome Powell in queue to replace her, the Fed is forecasting three total interest rate hikes during 2018. However, Philadelphia...
Read More »Yellen: Tax Reform Will Likely Provide ‘Some Lift’ to Economy
...Economic Projections can be found here. During a press conference that capped off the Fed's two-day policy meeting, Fed Chair Janet Yellen said that, if the Congressional tax plan is...
Read More »The Week Ahead: Fed Chair Press Conference and FOMC Forecasts
The Fed will release its quarterly economic projections this Wednesday, as well as holding a press conference with Fed Chair Janet Yellen. At 2 p.m., the Federal Open Market Committee...
Read More »Senate Banking Committee Approves Jerome Powell as Fed Chair
...Janet Yellen. After Powell’s nomination, Yellen announced on November 20 that she would be resigning from the Federal Reserve Board in February 2018, rather than serving out the remainder of...
Read More »When It Comes to Interest Rates, Mind the Curve
...is expected to continue in 2018, although the ongoing shakeup at the Fed makes it an open question. On November 6, President Trump nominated Jerome Powell to succeed Janet Yellen...
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