The Federal Reserve lifted interest rates from near-zero in 2015 after years of holding them at rock bottom following the 2008 global financial crisis. Transcripts from their policy discussions, released […]
Yellen, Janet L
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Back to news homeWhat Is 13-3? Why a Debate Over the Fed Is Holding Up Stimulus Talks
As markets melted down in March, the Federal Reserve unveiled novel programs meant to keep credit flowing to states, medium-sized businesses and big companies — and Congress handed Treasury Secretary […]
Biden’s Economic Team Suggests Focus on Workers and Income Equality
WASHINGTON — President-elect Joseph R. Biden Jr. formally announced his top economic advisers on Monday, choosing a team that is stocked with champions of organized labor and marginalized workers, signaling […]
Biden Expected to Name Top Economic Officials This Week
WASHINGTON — President-elect Joseph R. Biden Jr. is expected to name top members of his economic team this week, including Cecilia Rouse, a Princeton labor economist, to run the Council […]
Markets Throw a Welcome Party of Sorts for Biden
A day after the Trump administration effectively acknowledged the election of Joseph R. Biden Jr., investors showed their relief by pushing the two major stock market indexes to all-time records […]
Yellen Would Assume Vast Policy Portfolio as Treasury Secretary
WASHINGTON — Janet L. Yellen’s expected nomination as Treasury secretary will place the former Federal Reserve chair into a critical role overseeing President-elect Joseph R. Biden Jr.’s economic and national […]
Janet Yellen Set to Lead Treasury Department Under Biden
WASHINGTON — Janet L. Yellen became an economist at a time when few women entered the profession and fewer still rose in a male-dominated environment. She is now poised to […]
In Building Economic Team, Biden Faces Tug From Left and Center
WASHINGTON — If he wins the presidency, Joseph R. Biden Jr. will inherit an economy struggling to recover from its steepest plunge in decades. His economic team will need to […]