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Tag Archives: Janet Yellen

As Stocks Tumble, Lenders Take a Hit

The Dow Jones industrial average closed down 1,200 points on Monday, after having dropped 1,500 points earlier in the day. This came on the heels of a 666-point drop in the Dow last Friday. With the Standard & Poor’s index ...

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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 expected inflation. “Gains in employment, household spending, and business fixed ...

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Senate Confirms Powell as Federal Reserve Chair

The Senate confirmed Jerome Powell as the 16th chairman of the Federal Reserve on Tuesday after an 85-12 vote in favor of his confirmation. Powell will take over from current Federal Reserve Chair Janet Yellen after her term expires in ...

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Yellen Talks Economic Outlook as Tenure Winds Down

Federal Reserve Chair Janet Yellen delivered her Economic Outlook testimony on Wednesday—which could be her last appearance before Congress before she leaves the Fed in February. Overall, Yellen said that the U.S. economy has strengthened further this year. Despite adversity ...

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Fed Retains Rate … For Now

The Federal Reserve has opted not to change its key interest rate. But insiders and others who are in-the-know say that’s likely to change sooner than later.

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Yellen: There’s Still More Work to Do

In a speech at the Federal Reserve's annual conference, Janet Yellen looked back at the financial crisis—as well as the insights, lessons, and reforms that came out of it. Read on to see more of Yellen's remarks.

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The Week Ahead: Yellen, Yellen, Yellen

It seems like every week Janet Yellen, Chair of the Federal Reserve Board of Governors is making news. Next week, the Federal Open Market Committee will meet for the fifth time in New York City. Will the Fed choose to raise interest rates for the second time in two months?

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