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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. She is the first woman to hold either post, and has also led the White House Council of Economic Advisers.
The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States. Governors are appointed by the president of the United States ...
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.
The Federal Reserve on Wednesday cut interest rates by 50 basis points, in its first rate reduction after a two-and-a-half-year crusade against inflation. The new federal funds rate is 4.75-5 percent.
Long live the greenback. ‘A natural desire to diversify': Janet Yellen says Americans should anticipate a decline in the USD as the world's reserve currency — what you need to know and how to ...
To Yellen’s point, the federal government’s interest payments represented 1.86% of GDP in 2022, according to Federal Reserve data. That’s in line with the historical average since 1960 of ...
U.S. Treasury Secretary Janet Yellen challenged the credit rating company’s assessment, ... The U.S. Federal Reserve has implemented significant interest rate hikes since March 2022. While ...
English. Money for Nothing: Inside the Federal Reserve is an independent feature-length American documentary about the Federal Reserve written and directed by Jim Bruce, and narrated by Liev Schreiber. It examines 100 years of the Federal Reserve's history, and discusses its actions and repercussions the US economy leading to the late-2000s ...