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Wednesday, August 21, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: Janet Yellen

UPDATED: Sat., April 7, 2018, 1:35 a.m.

Chairman Jerome Powell says Fed expects to stick with gradual rate hikes

Federal Reserve Chairman Jerome Powell on Friday painted a mostly sunny view of the U.S. economy and said the Fed remains committed to raising its key interest rate gradually.

Yellen lands new job at Brookings Institution

Federal Reserve Chair Janet Yellen, the first woman to head the nation’s central bank, got a boisterous send-off from Fed staff, but she isn’t taking any time off. After her …

UPDATED: Mon., Jan. 29, 2018, 3:34 p.m.

Fed likely to hold rates steady at Yellen’s final meeting

Janet Yellen’s final Federal Reserve policy meeting will likely bring an uneventful end this week to her four-year tenure as Fed chair but perhaps offer hints of the central bank’s …

Senate approves Powell to follow Yellen as Fed chair in Feb.

The Senate on Tuesday approved President Donald Trump’s selection of Jerome Powell to be the next chairman of the Federal Reserve beginning next month.

Robert J. Samuelson: Yellen deserves credit for economy’s success

One of Washington’s permanent parlor games is how much credit or blame a president deserves for the state of the economy. Inevitably, then, the question being asked now is whether …

UPDATED: Wed., Nov. 29, 2017, 12:39 p.m.

Yellen suggests a continuation of gradual rate hikes

Federal Reserve Chair Janet Yellen said Wednesday that the Fed expects to continue raising interest rates gradually. And she sought to assure lawmakers that the Fed would take care not …

Samuelson: Absent politics, Powell at Fed is fine

It will be Powell’s Fed. Assuming he’s confirmed by the Senate, Jerome (“Jay”) Powell will become the 16th chairman of the Federal Reserve Board in early 2018. Almost by definition, …

UPDATED: Thu., Nov. 2, 2017, 10:38 p.m.

Trump nominates Jerome Powell to be next Fed chairman

President Donald Trump on Thursday announced his choice of Federal Reserve board member Jerome Powell to be the next chairman of the nation’s central bank, succeeding Janet Yellen, the first …

UPDATED: Wed., Nov. 1, 2017, 3:26 p.m.

Fed leaves key rate unchanged but hints at future hikes

With a new Federal Reserve leader about to be announced, the Fed is keeping its key interest rate unchanged. It also hints that it’s preparing to resume raising rates as …

Fed debated mystery of persistently low inflation

Federal Reserve officials at their September meeting struggled to come to terms with persistently low inflation. But in the end, they decided that they should continue to signal the possibility …

UPDATED: Wed., Oct. 4, 2017, 2:13 p.m.

Yellen: Fed committed to easing regulations on smaller banks

Federal Reserve Chair Janet Yellen says the Fed is committed to making sure that the regulations it imposes on the nation’s community banks are not unduly burdensome, noting a proposed …

UPDATED: Fri., Aug. 25, 2017, 2:29 p.m.

Yellen defends banking overhaul passed after 2008 crisis

Federal Reserve Chair Janet Yellen on Friday defended the web of regulations the Fed helped enact after the 2008 financial crisis, saying it helped restore the banking system’s health and …

Samuelson: Fed chair walks political tightrope

It’s hard to imagine President Trump reappointing her if she can’t navigate the Fed through the approaching shoals.

UPDATED: Wed., July 26, 2017, 4:28 p.m.

Fed keeps key interest rates unchanged amid low inflation

The Federal Reserve is keeping its benchmark interest rate unchanged at a time of low inflation, which remains persistently below the Fed’s target level.

UPDATED: Mon., July 24, 2017, 7:41 p.m.

Fed will likely focus on low inflation but leave rates alone

The Federal Reserve has already achieved one of its two mandates: With the unemployment rate at just 4.4 percent, the Fed has essentially maximized employment.

Yellen calls risks of inflation ‘two-sided’

Federal Reserve Chair Janet Yellen on Thursday said she believed the risks concerning inflation are “two-sided,” stressing that price gains could both accelerate or slow down.

UPDATED: Wed., July 12, 2017, 3:14 p.m.

Yellen tells Congress to expect more rate increases

Despite low inflation and a lot of uncertainties in the economic outlook, Federal Reserve Chair Janet Yellen said Wednesday she sees the need for the central bank to keep making …

Federal Reserve tells Congress further rate hikes on the way

The Federal Reserve said Friday it expects the U.S. economy will strengthen and warrant further gradual increases in its key interest rate.

Fed is set to raise rates this week despite political tumult

The Washington political world is in disarray. Britain’s election tumult has scrambled the outlook for Europe. And economies in the United States and abroad are plodding along at a pace …

Trump now says he might retain Yellen as Fed boss

President Donald Trump hinted for the first time that he’s open to keeping Janet Yellen at the helm of the Federal Reserve. For markets trying to predict the future of …

Yellen to speak after Fed officials hint rate hike is near

One by one, several Federal Reserve officials have signaled in recent days that the Fed is ready to resume raising interest rates as soon as this month. The question is …

UPDATED: Wed., Feb. 15, 2017, 4:10 p.m.

Yellen: Expect Fed to resume raising rates in coming months

Federal Reserve Chair Janet Yellen defended the central bank’s independence Wednesday from Republican lawmakers who are pushing for major changes in how the central bank operates and how regulators oversee …

Janet Yellen expects gradual pace for hikes but sees risk in delay

WASHINGTON – Federal Reserve Chair Janet Yellen said Tuesday that the central bank still expects to raise interest rates gradually this year. But she said the Fed also recognizes the …

Yellen says she isn’t going anywhere when Trump takes office

Federal Reserve Chair Janet Yellen appears unruffled by incoming President Donald Trump’s victory last week.

Bank stocks surge again, leading broader market higher

U.S. stocks rose Thursday as banks resumed their steep upward climb and retailers moved higher. Federal Reserve Chair Janet Yellen emphasized that the Fed plans to raise interest rates, which …

Fed boss Yellen: The ‘case for an increase’ in rates has strengthened

Federal Reserve Chair Janet Yellen sketched a picture Thursday of an improving U.S. economy and said “the case for an increase” in interest rates has strengthened. The Fed is widely …

Fed rate-hike odds approach 100 percent in Anticipation of Trump

Analysts spent early November warning a Trump victory in the U.S. presidential election would make the Federal Reserve less likely to raise interest rates. What happened instead is that it …

Federal Reserve hints at December interest rate increase, votes to keep status quo for now

The Federal Reserve on Wednesday subtly hinted that it could be ready to raise its influential interest rate in December amid steady improvement in the job market and solid economic …

Case for interest rate hike ‘has strengthened in recent months,’ Fed chair says

Federal Reserve Chair Janet Yellen signaled Friday that an increase in a key interest rate was on the table at the central bank’s next meeting in September but that a …

Yellen faces GOP criticism over weak economic growth

Federal Reserve Chair Janet Yellen says she is hopeful that a recent slowdown in job growth will be temporary.