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Janet Yellen speaks on the importance of raising the debt ceiling. Recorded March 23, 2023. Janet Louise Yellen (born August 13, 1946) is an American economist serving as the 78th United States secretary of the treasury since January 26, 2021. She previously served as the 15th chair of the Federal Reserve from 2014 to 2018.
The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is, by custom, a member of the president's cabinet and, by law, a member of the National Security Council. [4] Under the Appointments Clause of the United States Constitution ...
During the hearing, Yellen pointed out that inflation “has come down considerably.” “The measure that the Federal Reserve focuses on most, over the last 12 months, ran at 2.7%,” she explained.
First holder. Charles Sumner Hamlin. Deputy. Vice Chair of the Federal Reserve. Salary. Executive Schedule, Level I [1] Website. federalreserve.gov. The chairman of the Board of Governors of the Federal Reserve System is the head of the Federal Reserve, and is the active executive officer of the Board of Governors of the Federal Reserve System.
BEIJING — Treasury Secretary Janet Yellen was scheduled to arrive in China on Thursday ahead of four full days of meetings with Chinese officials.. It’s her second trip to the country since ...
Treasury Secretary Janet Yellen arrived in China on Thursday for five days of meetings in a nation determined to avoid open conflict with the United States, yet the world's two largest economies ...
September 18, 2023 at 4:52 PM. Olivier Douliery—AFP/Getty Images. The U.S. national debt is nearing $33 trillion, but Janet Yellen isn’t worried just yet. The Treasury Secretary pointed to a ...
t. e. New Keynesian economics is a school of macroeconomics that strives to provide microeconomic foundations for Keynesian economics. It developed partly as a response to criticisms of Keynesian macroeconomics by adherents of new classical macroeconomics . Two main assumptions define the New Keynesian approach to macroeconomics.