Janet Yellen

Municipal finance is not a top-tier issue for treasury secretaries, but Yellen has taken a strong stance for more direct aid to state and local governments during the pandemic.

With Yellen in charge, Biden’s Treasury Department will be prepared to join Fed Chairman Jerome Powell’s policy of lower-for-longer interest rates with extended, expansionary government spending.

President-elect Joe Biden plans to nominate former Federal Reserve Chair Janet Yellen to serve as his Treasury secretary.

Former Fed Chair Janet Yellen referenced a study from the Center on Budget and Policy that suggests the shortfall for just states was $555 billion through 2022. Bernanke agrees.

Former Federal Reserve Chair Janet Yellen said depending on how widely the coronavirus spreads, the economic impact could have a significant impact on Europe and veer the U.S. toward a recession

The U.S. and the rest of the industrial world may have to resign themselves to an extended period of slow economic growth, subdued inflation and low interest rates. The trick will be in avoiding something even worse.

When it comes to economists, the Federal Reserve is having little success achieving greater diversity.

The U.S. economy isn’t likely to slip into recession anytime soon, and there is no reason for the Federal Reserve to cut interest rates, former Fed Chair Janet Yellen said.

Former Federal Reserve chief Janet Yellen said she’s not a fan of modern monetary theory, saying its proponents are “confused” about what can fuel inflation in the economy.

Former Federal Reserve Chair Janet Yellen signaled it may be harder than U.S. trade negotiators think to prevent China from manipulating its currency.

Former Federal Reserve Chair Janet Yellen said the U.S. central bank must rely on incoming economic data to determine if its next policy move will be up or down.

On paper, it still looks like a dynamite macroeconomic environment in the U.S. But outside the numbers, some cracks are starting to emerge, said former Federal Reserve Chair Janet Yellen.

Federal Reserve Chairman Jerome Powell said that while the central bank has made progress toward a “strong economy” with rising wages, many lower-income workers have been left behind.

Federal Reserve interest-rate hikes are causing the U.S. trade deficit to widen, not unfair Chinese trade practices, former Fed Chair Janet Yellen said.

Keeping the U.S. economy near full employment is lifting pay for unskilled workers and helping ease inequality in the country.

Janet Yellen cautioned that Donald Trump’s criticism of Federal Reserve policy threatens the institution she ran for four years, adding that it’s “not a desirable thing for a president to comment so explicitly on Fed policy.”

Former Federal Reserve Chair Janet Yellen says the central bank should consider deliberately courting an economic boom to make up for a bust by promising to keep interest rates “lower-for-longer” after they are cut to zero.

Former U.S. Federal Reserve Chair Janet Yellen made a paid appearance at a forum hosted by Jefferies Group where she said she expects three to four interest-rate increases this year, Reuters reported.

Former Federal Reserve Chair Janet Yellen said higher interest rates will be needed to keep the U.S. economy from overheating.

Outgoing Federal Reserve Chair Janet Yellen said U.S. stocks and commercial real estate prices are elevated but stopped short of saying those markets are in a bubble.