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Treasury Secretary Janet Yellen says higher interest rates may be needed so economy doesn"t "overheat"

The comments contrast with the Federal Reserve's outlook, which sees rates near zero through 2023 amid "transi.....»»

Category: worldSource: nytMay 4th, 2021

Stocks Extend Losses After Yellen Says "Rates Will Have To Rise"

Stocks Extend Losses After Yellen Says "Rates Will Have To Rise" Treasury Secretary Janet Yellen is speaking at The Atlantic's "Future Economy Summit" this morning - a speech she pre-recorded yesterday - a.....»»

Category: blogSource: zerohedgeMay 4th, 2021

Janet Yellen, Fed’s Jerome Powell testify on COVID-19 relief, economy

Yellen and Powell return to Capitol Hill for a second day of testimony......»»

Category: topSource: foxnewsMar 24th, 2021

Yellen describes vaccines as global economy"s "strongest stimulus" in G-20 letter

Treasury Secretary Janet Yellen on Thursday said vaccinations are the strongest stimulus that countries can provide to the world economy, in a letter to Group of 20 countries. "A rapid and truly global vaccination program is the strongest stimulus we c.....»»

Category: topSource: marketwatchFeb 25th, 2021

Janet Yellen pushes for $1.9 trillion in stimulus after weak jobs numbers, saying there"s "so much pain" in the economy

The Treasury secretary pointed out that if the US unemployment rate is "properly measured" it's close to 10%. Treasury Secretary Janet Yellen pushed for stimulus checks. Andrew Harnik/A.....»»

Category: topSource: businessinsiderFeb 19th, 2021

Dow ends higher to halt 3-session skid as investors cheered by "act big" Janet Yellen

U.S. stocks finshed solildy higher Tuesday as Janet Yellen in her Senate confirmation hearing called for more fiscal aid for the pandemic-battered economy, helping push investors into a buying mood at .....»»

Category: topSource: marketwatchJan 20th, 2021

Market Snapshot: Dow snaps 3-day slide, stocks kick off week with gains as Yellen calls for more fiscal aid

U.S. stocks recorded gains on Tuesday as Janet Yellen in her Senate confirmation hearing called for more fiscal aid for the pandemic-battered economy......»»

Category: topSource: marketwatchJan 19th, 2021

Biden"s Treasury pick Janet Yellen urges Congress that now is the time to "act big" on a stimulus package - and warns of a more painful recession without it

"Without further action, we risk a longer, more painful recession now - and long-term scarring of  the economy later," Yellen will tel.....»»

Category: personnelSource: nytJan 19th, 2021

Janet Yellen warns coronavirus-hit US economy could contract 30% next quarter, says unemployment might already be 13%

REUTERS/Gary Cameron Former Federal Reserve Chai.....»»

Category: topSource: businessinsiderApr 6th, 2020

Janet Yellen says second-quarter GDP could plunge

Former Federal Reserve chair Janet Yellen said the economy is in the throes of an “absolutely shocking” downturn that is not reflected yet in the current data......»»

Category: topSource: moneycentralApr 6th, 2020

Janet Yellen says second-quarter GDP could plunge

Former Federal Reserve chair Janet Yellen said the economy is in the throes of an “absolutely shocking” downturn that is not reflected yet in the current data......»»

Category: topSource: moneycentralApr 6th, 2020

Key Words: Here are the key reports ex–Fed boss Janet Yellen will watch to gauge the health of coronavirus-stricken economy

Janet Yellen explained on Monday what she will be looking for to gauge the health of the economy after a historic barrage of fiscal and monetary stimulus was unleashed to combat the harmful effects of the outbreak of the COVID-19. Here’s what she said......»»

Category: topSource: marketwatchMar 31st, 2020

Coronavirus could drive the US economy into recession, ex-Fed chief Janet Yellen warns

Reuters/Jonathan Ernst Ex-Federal Reserve Chair Janet Yellen warned coronavirus could cause the US economy to shrink, according to Bloomberg. "It's just conceivable that it could throw the United States into a recession," the former centr.....»»

Category: topSource: businessinsiderFeb 27th, 2020

Trump made some eyebrow-raising statements about the US economy in his big speech at Davos — here are the facts behind five bold claims

Trump extolled a newly confident America with a series of bold statements about the country's economic performance th.....»»

Category: topSource: businessinsiderJan 21st, 2020

Janet Yellen sends out a warning on the global economy

The United States' trade war with China is far from over, according to Janet Yellen, who is warning that unresolved tensions over technology could divide the world and slow the development of artificial intelligence and 5G......»»

Category: topSource: moneycentralJan 13th, 2020

Janet Yellen sends out a warning on the global economy

The United States' trade war with China is far from over, according to Janet Yellen, who is warning that unresolved tensions over technology could divide the world and slow the development of artificial intelligence and 5G......»»

Category: topSource: moneycentralJan 13th, 2020

Ex-Fed Chair Janet Yellen says she"s in favor of an interest rate cut

Former Federal Reserve Chair Janet Yellen said she supports a 25-basis-point cut in the U.S. benchmark interest rate due to a weaker global economy......»»

Category: topSource: moneycentralJul 29th, 2019

Ex-Fed Chair Janet Yellen says she"s in favor of an interest rate cut

Former Federal Reserve Chair Janet Yellen said she supports a 25-basis-point cut in the U.S. benchmark interest rate due to a weaker global economy......»»

Category: topSource: moneycentralJul 29th, 2019

Former Fed Chair Janet Yellen says she"s in favor of an interest rate cut

Former Federal Reserve Chair Janet Yellen said she supports a 25-basis-point cut in the U.S. benchmark interest rate due to a weaker global economy......»»

Category: topSource: moneycentralJul 29th, 2019

Janet Yellen sees risk of economy overheating

Former Federal Reserve Chairwoman Janet Yellen says the central bank should make public its blueprint for fighting the next downturn so that investors understand how officials plan to act......»»

Category: topSource: marketwatchSep 14th, 2018