More Janet Yellen Articles

  • Federal Reserve cuts another $10 billion, but promises more stimulus

    The Federal Reserve continued cutting its monthly bond purchases Wednesday, bringing the monetary stimulus program within months of its end.

  • As Fed meets, key issues likely to stay unanswered

    WASHINGTON (AP) — The Federal Reserve will likely end a policy meeting Wednesday with a lot of questions unanswered: When will it start tightening its benchmark short-term interest rate to make sure future inflation remains under control? How will it do so? And when will the Fed start reducing...

  • Fed is weighing key issues but may reveal little

    WASHINGTON (AP) — This much is clear: The Federal Reserve will make another cut this week in its monthly bond purchases, which have been aimed at keeping long-term loan rates low. This much is not: When will the Fed start tightening its interest-rate policy to thwart any runaway inflation? How...

  • Here's what the Fed could have bought with QE3

    For perspective, if the Fed were allowed to buy stocks, at current prices it could have bought Apple, Google and Microsoft for that sum -- with General Motors and Ford thrown into the mix, with $44 billion left over.

  • The evidence that the long-term unemployed are finding jobs, not just giving up the job hunt

    There's new evidence that the huge number of Americans counted as long-term unemployed has been dropping in recent months because those people have been finding jobs, not because they've given up looking.

  • Janet Yellen admits she doesn't know why this sector of the economy is doing so poorly

    Federal Reserve Chairwoman Janet Yellen isn't sure what's gone wrong with the U.S. housing comeback. “I have to say that I'm somewhat surprised,” Yellen said of the weakness of the housing market in a hearing in the House last week. “Frankly, it continues to be sluggish. And I can't give you a...

  • Markets roiled by fresh US sanctions on Russia

    LONDON (AP) — Another round of U.S. sanctions on Russia weighed on markets Thursday. News that a Malaysia Airlines passenger plane carrying 295 had been shot down over Ukraine added to the negative tone. Russia's MICEX index underperformed the world market, closing down 3.8 percent, a day after...

  • Where's that inflation I was promised?

    There is a point at which firmness of conviction becomes obstinacy, and there is a point at which obstinacy becomes comedy. The latter was on spectacular view the other day when a prominent inflation hawk self-destructed on national TV.

  • Janet Yellen stumbled over these two bailout questions

    She avoided making any big monetary policy news in two appearances on Capitol Hill this week, but Janet Yellen couldn't escape a few confrontations that raise doubts about the details of the Federal Reserve's plans to avoid bailouts in future financial crises.

  • Yellen rejects move to set up formula for Fed

    WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Wednesday it would be a serious mistake for Congress to require the nation's central bank to adopt a formal policy rule to guide its decisions on setting interest rates. Yellen faced a barrage of questions from Republican lawmakers about...

  • Labor market still needs Fed support, chair says

    WASHINGTON (AP) — Despite recent sizable job gains, Federal Reserve Chair Janet Yellen is signaling that her agency is in no rush to withdraw the massive support it is providing the U.S. economy. Extra caution is warranted, she said Tuesday, given a number of "false dawns" in this recovery when...

  • Elizabeth Warren grills Fed Chairwoman Janet Yellen on crucial too-big-to-fail question

    Sen. Elizabeth Warren grilled Federal Reserve Chairwoman Janet Yellen on an important provision of the law intended to prevent banks from becoming too big to fail.

  • Here's exactly how much money the weak recovery cost you

    If the current economic recovery had kept pace with other post-World War II recoveries, the average American would have $2,700 more in annual income.

  • Fed sets an expiration date for quantitative easing

    Federal Reserve officials have an end in mind for the latest round of quantitative easing: If all goes to plan, they will taper the central bank's bond purchases from the current $35 billion a month to zero by October.

  • 'True' unemployment rate falls to 8.3 percent

    Just how much of the decline in labor force participation is due to long-term, secular factors and how much is due to cyclical weakness is a matter of ongoing debate.



From the Weekly Standard