Janet Yellen

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Janet Yellen - Total results - 115
Coronavirus downturn has been rapid and sharp, says former Fed head Janet Yellen
World

Coronavirus downturn has been rapid and sharp, says former Fed head Janet Yellen

Talking of the employment sector, Yellen said she was expecting higher percentages of unemployment due to the coronavirus outbreak.

Fed grappling with methods to fight next recession; hunts for new model in low-interest rate world
Business

Fed grappling with methods to fight next recession; hunts for new model in low-interest rate world

At a three-day conference in San Diego on an array of economic topics, one stood out: The textbook view of central banking, where low unemployment produces unwanted inflation that monetary policymakers can counter with interest-rate hikes, is at least badly hobbled if not fully broken

Fed chief Jerome Powell says 'no rush' to hike interest rates in 'solid' but slowing US economy
Business

Fed chief Jerome Powell says 'no rush' to hike interest rates in 'solid' but slowing US economy

Jerome Powell’s comments solidified a Fed policy shift last month in which it indicated it would pause a three-year cycle of rate hikes

Government-RBI rift: Forcing central bank to give Rs 3.6 lakh cr from cash reserves would jeopardise inflation story
Business

Government-RBI rift: Forcing central bank to give Rs 3.6 lakh cr from cash reserves would jeopardise inflation story

Every year since 2014, the RBI has transferred all the profits it has made to the government

US Fed raises rate by 25 bps, keeps 2018 policy outlook unchanged; Trump tax cuts seen short-term boost
Business

US Fed raises rate by 25 bps, keeps 2018 policy outlook unchanged; Trump tax cuts seen short-term boost

The expected fiscal stimulus, coming on the heels of a flurry of relatively bullish data, cleared the way for the US central bank to raise rates by a quarter of a percentage point to a range of 1.25 percent to 1.50 percent. It was the third rate hike this year.

Janet Yellen, first woman to head US Fed, to leave board of governors once successor sworn in
Business

Janet Yellen, first woman to head US Fed, to leave board of governors once successor sworn in

Yellen’s decision gives Trump in his first year in office the chance to fill five positions on the Fed’s seven-member board, in addition to picking Powell to be the next Fed chairman

By picking Jerome Powell as Federal Reserve chief, Donald Trump set to undo another Barack Obama legacy
Business

By picking Jerome Powell as Federal Reserve chief, Donald Trump set to undo another Barack Obama legacy

The 64-year-old Republican has echoed the administration's views on deregulation but is not seen as likely to tighten interest rates too quickly -- which Trump opposes.

Fed keeps US policy rates steady but expects one more increase by year-end
Business

Fed keeps US policy rates steady but expects one more increase by year-end

The Fed, as expected, also said it would begin in October to reduce its approximately $4.2 trillion in holdings of US Treasury bonds and mortgage-backed securities acquired in the years after the 2008 financial crisis.

Fed's Janet Yellen says rate and portfolio plans on track, cautions on inflation
Business

Fed's Janet Yellen says rate and portfolio plans on track, cautions on inflation

The Fed "continues to expect that the evolution of the economy will warrant gradual increases in the federal funds rate over time," Yellen said

RBI's biggest challenge will be currency stability as US Fed hints at more rate hikes in 2017
Business

RBI's biggest challenge will be currency stability as US Fed hints at more rate hikes in 2017

The dollar is expected to strengthen further in the course of the year, and hence while interest rate policy per se may be less affected by this development, currency stability will dominate the discussion tables at the RBI

US Fed explains the rationale behind increasing rate by 25 bps: Full statement
Business

US Fed explains the rationale behind increasing rate by 25 bps: Full statement

The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a sustained return to 2 percent inflation

Fed raises rates as job gains, firming inflation stoke confidence
Business

Fed raises rates as job gains, firming inflation stoke confidence

The decision to lift the target overnight interest rate by 25 basis points to a range of 0.75 percent to 1.00 percent marked a convincing step in the Fed's effort to return monetary policy to a more normal footing.

US Fed expected to hike interest rates tomorrow, second in four months
Business

US Fed expected to hike interest rates tomorrow, second in four months

US February employment data published on Friday further cleared the way to an interest rate rise, with the economy adding another 235,000 jobs. The unemployment rate held roughly steady at 4.7 percent.

Yellen may hike interest rate in this month's Fed meet, sees end to easy money policy
Business

Yellen may hike interest rate in this month's Fed meet, sees end to easy money policy

Yellen on Friday was quick to point out that the Fed's closeness to its goals of full employment and 2 percent inflation were currently guiding its rate hike plans

Sensex ends flat in listless trading, logs 1st fall in 6 weeks as US rate hike worries resurface
Business

Sensex ends flat in listless trading, logs 1st fall in 6 weeks as US rate hike worries resurface

On a weekly basis, the BSE Sensex fell 60.52 points, or 0.20 percent, and the Nifty 41.95 points, or 0.46 percent, halting a five-week rising streak

Urjit Patel's reduced communication could send interest rates higher, stem economic growth
Business

Urjit Patel's reduced communication could send interest rates higher, stem economic growth

Patel, a deputy governor since 2013, had been known within the RBI as reserved. He is widely regarded as having the professional and academic credentials to succeed, but the governor's role also involves communicating, some bankers say.

Fed's Janet Yellen says Trump's fiscal policy adds 'uncertainty' to outlook
World

Fed's Janet Yellen says Trump's fiscal policy adds 'uncertainty' to outlook

Possible changes in fiscal policy by US President Donald Trump are among the factors adding "uncertainty" to the economic outlook, Federal Reserve Chair Janet Yellen said on Tuesday.

US Fed rate hike: Janet Yellen just made Modi’s task of repairing a ‘demonetised’ economy lot tougher
Business

US Fed rate hike: Janet Yellen just made Modi’s task of repairing a ‘demonetised’ economy lot tougher

The PM will have to push hard emergency measures to resolve the cash crunch at the earliest and regain the balance of the economy

US Fed hikes rate: Asia stocks, bonds struggle on expectation of more increases
World

US Fed hikes rate: Asia stocks, bonds struggle on expectation of more increases

Investors had bet heavily on a more dovish message and many positions were quickly unwound

US Federal Reserve lifts rates, sees faster pace of hikes in Donald Trump's first year
World

US Federal Reserve lifts rates, sees faster pace of hikes in Donald Trump's first year

Partly as a result of the anticipated changes, the Fed sees three rate hikes in 2017 instead of the two foreseen in September