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The U.S. dollar saw an 8% decline in its share of global reserves in 2022 — causing some to question whether the dollar’s days of dominance are over.
Treasury Secretary Janet Yellen said Thursday she believes the U.S. economy is making the “soft landing” that she predicted two years ago, when inflation soared after the pandemic. In a live ...
Yellen, speaking during an event at a Pittsburgh hospital, focused on the year-on-year CPI inflation figure of 3.1%, not the surprise 0.3% month-on-month surge in January.
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] and high in the U.S. presidential line of succession.
Janet Yellen noted inflation has “significantly declined,” with the Consumer Price Index currently at around 3%, down from its peak of 9.1% in June 2022. Treasury Secretary Yellen visits NC to ...
Yellen has been at the center of U.S. monetary policy for decades, including serving as the chair of the Federal Reserve for four years from 2014 to 2018 before assuming her current role under ...
Federal Reserve Chairs (Left to Right): Janet Yellen, Alan Greenspan, Ben Bernanke, and Paul Volcker.Yellen was vice chair when the photograph was taken. As stipulated by the Banking Act of 1935, the president may designate to serve as Chairman of the Board for four-year terms with the advice and consent of the Senate, from among the sitting governors.