More Janet Yellen Articles

  • 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...

  • 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...

  • 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...

  • 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...

  • 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.

  • Yellen sees little threat to financial stability

    WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Wednesday that she doesn't see a need for the Fed to start raising interest rates to defuse the risk that extremely low rates could destabilize the financial system. Yellen said she does see "pockets" of increased risk-taking. But she...

  • Why Janet Yellen won't raise rates to prevent another financial bubble

    There's no financial bubble right now worrisome enough to justify raising interest rates, Federal Reserve Chairwoman Janet Yellen reasserted Wednesday.

  • Fed sees healthy unemployment a year earlier than projected

    Federal Reserve Chairwoman Janet Yellen proclaimed “welcome news” in April: The prospect of a healthy economy was within the medium-term forecast. Fed officials expected the unemployment rate to fall to near 5.5 percent, with inflation stabilizing near the Fed's 2 percent target. The...

  • Janet Yellen sees no need to prick any bubbles or beat back inflation

    The Federal Reserve isn't likely to cut its stimulus programs short to stave off rising inflation or reduce the risk of an asset bubble, Chairwoman Janet Yellen suggested Wednesday. The Fed reasserted in its monetary policy announcement that its bond-buying program and promises to keep...



From the Weekly Standard