The Federal Reserve remains a deeply white-male and bank-centric institution despite ex-Fed Chair Janet Yellen's efforts to boost diversity; she was the central bank's first female leader in over 100 years. A new report from Fed Up finds...Show More Summary
The Federal Reserve at 2 p.m. ET will release the minutes of its most recent policy meeting. At the January 30-31 meeting, which was the last under former Fed Chair Janet Yellen, the Federal Open Market Committee left interest rates unchanged, as expected. Show More Summary
(February 15, 2018 12:09 AM, by David Henderson) Donna Borak of CNN Money interviewed me early in February for her piece on outgoing Federal Reserve chair Janet Yellen.The piece is "Yellen's historic legacy: Wise caution and a successful recovery," CNN Money, February 3, 2018. Here's the one sentence... (0 COMMENTS)
Markets tend to test new Federal Reserve chairs not long after they take over; Jerome Powell's first drubbing came especially quickly with last week's sharp reversal. The Dow Jones industrial average gained 63% under Janet Yellen's four-year...Show More Summary
Former White House strategist Steve Bannon wanted former Fed Chair Janet Yellen to stay on for another term. Bannon, in a new preface for the book "Devil’s Bargain: Steve Bannon, Donald Trump, and the Nationalist Uprising," called Yellen...Show More Summary
Via LPL Research, As Janet Yellen hands over the reins to Jerome Powell at the Federal Reserve (Fed), a look back at history shows that markets have a funny way of testing new Fed chairs. We’ll get into all of that in a second, but first things first - how did Yellen do? Over her four year tenure as Fed chair, the Dow gained a solid 63%. Show More Summary
(Ron Sachs/picture-alliance/dpa/AP Images) Wells Fargo CEO Timothy J. Sloan testifies before the Senate Committee on Banking, Housing, and Urban Affairs on October 3, 2017. O n Friday, Janet Yellen’s last day as chair of the FederalShow More Summary
For those hoping that the "Powell Put" is struck at least as high as Yellen's, The New York Fed's Bill Dudley may have just dashed those hopes a little... As a reminder,on her way out, former Federal Reserve Chair Janet Yellen told CBS...Show More Summary
Authored by Tom Luongo, Last year now-former FOMC Chair Janet Yellen downplayed the possibility of another financial crisis. In her hubris she believes the central banks have walled off the financial system from ‘contagion risks’ brought...Show More Summary
Outgoing Federal Reserve chair Janet Yellen said in an interview that she feels "bittersweet" about leaving her position. While it is tradition to renominate Federal Reserve chairmen for a second term, President Donald Trump nominated...Show More Summary
The U.S. now is better prepared for a market plunge than it was during the financial crisis, Yellen says, as she backs successor Jerome Powell
WASHINGTON (AP) — Janet Yellen said she was disappointed that President Donald Trump didn't offer her a second term as Federal Reserve chair, but supports her central bank successor, Jerome Powell, who takes over on Monday. Powell, a Fed board member since 2012, is "thoughtful, balanced, dedicated to public service. Show More Summary
Bloomberg: Wells Fargo(WFC) Hit With Unusual Ban on Growth in Yellen's Final Act. After markets closed on her final workday in office, Federal Reserve Chair Janet Yellen delivered a blow to one of the nation’s largest banks: Wells Fargo & Co. Show More Summary
She'll be a fellow in economic studies
Janet Yellen is heading to the Brookings Institution after Donald Trump failed to reappoint her as Federal Reserve chair, CNBC reports. Yellen's move suggests she will remain an active voice in the monetary policy debate. Former FedShow More Summary
Yellen's policies as the Federal Reserve chairwoman helped lower unemployment and spur the country's economic recovery after the 2008 financial crisis, but her legacy will partially depend in part on her successor, Jerome Powell.
Janet Yellen is presiding over her last meeting as Federal Reserve chair. She will leave a big gap in the institution she led for four years, the first woman to do so in the central bank's over 100-year history. Not only is Yellen...Show More Summary
Federal Reserve chief Janet Yellen presides over her last policy meeting on Wednesday. After a two-day meeting the Fed is expected to announce at 2 p.m. ET where interest rates stand.
Powell, an uncontroversial pick of President Trump, is widely expected to follow the gradual interest rate increase policy of outgoing chief Janet Yellen.
The U.S. Senate on Tuesday confirmed Federal Reserve GovernorJerome Powell as the next head of the central bank, succeeding Janet Yellen, a move likely to provide continuity in U.S. monetary policy with the economy growing now for nine years straight. The Republican-controlled Senate voted 84-13 to...