Janet Yellen
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Jerome Powell’s Views on U.S. Monetary Policy in His Own Words
EghtesadOnline: President Donald Trump is expected to nominate Federal Reserve Governor Jerome Powell to seize the reins of the central bank when Chair Janet Yellen’s term ends in February 2018,…
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Trump Considered Keeping Yellen at Fed, Until Mnuchin Spoke Up
EghtesadOnline: Jerome Powell wasn’t a lock to be President Donald Trump’s pick to lead the Federal Reserve.
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Yellen Finds Unlikely Advocate at White House: Trump
EghtesadOnline: Janet Yellen’s only advocate in the White House may be the one person who matters most: President Donald Trump.
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Yellen Says Imprudent to Stay on Hold Until Inflation at 2%
EghtesadOnline: Federal Reserve Chair Janet Yellen said gradually raising interest rates is the most appropriate policy approach amid higher uncertainty about inflation, reinforcing the U.S.…
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Dollar Gains on Rates, U.S. Tax Plan; Stocks Mixed
EghtesadOnline: The dollar extended gains after Federal Reserve Chair Janet Yellen boosted expectations for an interest-rate rise in December and ahead of the U.S. president laying out his tax-reform…
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Asian Equities Mixed as Harvey's Impact Assessed
EghtesadOnline: Asian stocks fluctuated and U.S. equity futures fell as investors weighed the damage from Tropical Storm Harvey on U.S. oil refining centers. The greenback maintained losses after…
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U.S. Stocks, Treasuries Rise After Yellen's Speech
EghtesadOnline: U.S. stocks and Treasuries rose while the dollar sank after Janet Yellen’s speech didn’t take the hawkish tone some expected. Oil gained as Hurricane Harvey churned toward the…
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Gold Is Shaken by a Mysterious 2 Million-Ounce Trade
EghtesadOnline: So much for a quiet Friday in late August. After weeks of relative slumber, gold traders were rudely awoken to a surge in volume and volatility. In a span of one minute, gold…
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Yellen Distances Herself From Trump in Jackson Hole Speech
EghtesadOnline: In the end, it sounded more like a swan song than a job audition. By broadly defending the sweeping financial rules put in place in the past decade, Federal Reserve Chair Janet…
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Yellen and Draghi Both Defend Post-Crisis Financial Regulation
EghtesadOnline: The world’s two most powerful central bankers on Friday delivered back-to-back warnings against dismantling tough post-crisis financial rules that the Trump administration blames…
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Yellen to Trump: don't expect a flip-flop on financial reforms
EghtesadOnline: Janet Yellen delivered a message to President Donald Trump on Friday, making it clear that if he re-nominates her as Federal Reserve chair she will not turn her back on the raft…
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Cohn Solidifies Lead in Race to Replace Yellen, Economists Say
EghtesadOnline: White House economic adviser Gary Cohn is emerging as the clear front-runner for the nomination to succeed Federal Reserve Chair Janet Yellen, according to a National Association…
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Yellen, Draghi Head to Jackson Hole Amid Inflation Unease
EghtesadOnline: As the world’s top central bankers gather in Wyoming this week, their relief about a stronger global economy will be tempered by a growing unease that inflation remains inexplicably…
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Stability concerns focus at Fed ahead of Yellen speech
EghtesadOnline: The stock market's steady rise, still low long-term bond yields and a sagging dollar are girding the Fed's intent to raise interest rates again this year despite concerns about…
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Inflation Data Weakens the Fed's Case for Another Hike
EghtesadOnline: Federal Reserve plans for gradual interest-rate increases hinge on inflation rising to its 2 percent target, but it’s not showing up and they don’t know why. That’s undermining…
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Trump seen replacing Yellen at Fed with NEC's Cohn: Politico
EghtesadOnline: President Donald Trump is increasingly unlikely to nominate Federal Reserve Chair Janet Yellen next year for a second term, and National Economic Council Director Gary Cohn is…
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Yellen's Bet on Pulling Workers Back to the Labor Force Is Paying Off
EghtesadOnline: Even as U.S. unemployment crept lower in recent years, Federal Reserve Chair Janet Yellen stuck with a glacial pace of policy tightening that she justified with a powerful message:…
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Hospitalized During London Visit, Released Monday
EghtesadOnline: Federal Reserve Chair Janet Yellen was hospitalized over the weekend in London for treatment of a urinary tract infection, but has been discharged and is heading home.
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Yellen says Fed to give banks more details on stress tests
EghtesadOnline: The Federal Reserve will give banks more details on how it conducts annual stress tests, including the qualitative part of the tests, when it publishes the results later this…
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How the Yellen Fed Got Religion Over the Stock Market and Policy
EghtesadOnline: For two decades, William Dudley has led a charge to change the way central bankers think about how they steer their economies through the booms and busts of financial markets.…
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How Close Is the U.S. to Full Employment? Trump and Yellen Disagree
EghtesadOnline: Trump's job goals are rubbing up against the Fed's determination to keep inflation under control.
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Fed expected to raise rates as U.S. economy flexes muscle
EghtesadOnline: The Federal Reserve is expected to raise interest rates for the second time in three months on Wednesday, encouraged by strong monthly job gains and confidence that inflation…
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Confronted by market doubts, Federal Reserve drove March rate rise expectations
EghtesadOnline: Early last week, financial markets saw just a 30 percent chance of the Federal Reserve raising interest rates in March; but by Friday after a striking series of comments from…
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Dollar retreats after bullish week
EghtesadOnline: The dollar stalled after two days of strong gains on Friday, with nerves around a speech by Federal Reserve chief Janet Yellen due later in the day adding to factors that have…
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Wall Street steady after Yellen signals rate hike this month
EghtesadOnline: The S&P 500 and Nasdaq closed out their sixth straight week of gains with a flat session after Janet Yellen signaled the Federal Reserve is set to raise interest rates this month…
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Yellen Hints at More Aggressive Rate Path Upon Locking in March
EghtesadOnline: Federal Reserve Chair Janet Yellen left little doubt on Friday that the central bank will raise interest rates this month. More importantly, she dropped hints that it might end…
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Asia Stocks Drop, Yen Steady Before Trump Speech
EghtesadOnline: Asian stocks fell while the yen and gold were steady after three days of gains as investors grew cautious before speeches this week from Donald Trump and Janet Yellen.
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Yellen Can't Halt Trump Gold Rally That Hedge Funds Bet Against
EghtesadOnline: Gold bulls are acting as if they can’t believe a good thing when they see it. They should’ve had more faith. Hedge funds reduced their wagers on a bullion rally for the first…
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Scoring the Fed's Decision: Will It Be Wise to Tighten in March?
EghtesadOnline: Now that the outcome of the Federal Reserve’s next meeting has become far less certain, Bloomberg has provided a rundown of what would have to happen for Janet Yellen and company…
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Apple, banks push Wall Street to all-time high
EghtesadOnline: Major U.S. stock indexes established record highs on Tuesday, led by bank stocks after Federal Reserve Chair Janet Yellen said it would be unwise to wait too long to raise interest…