Tag Archives: Janet Yellen

Fed Leaves Rates Unchanged Despite Positive Economic Outlook

In her press release this past Wednesday, Janet Yellen announced that the FOMC has decided to leave rates unchanged this month. This leaves the target Federal Funds Rate lingering at 0.25%-0.50%. While one could assume that this decision came to … Continue reading

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Markets Lift After Fed Chair Yellen Indicates 2015 Rate Rise

On Thursday, September 24th, Janet Yellen, Federal Reserve Chairwoman, spoke in Massachusetts on the high likelihood of a federal-funds interest rate increase in time for the end of 2015. Yellen argued volatility in Asian markets and lackluster inflation rate data … Continue reading

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Federal Reserve Leaves Interest Rates Unchanged

On September 17th, the Federal Reserve voted against a short-term interest rate hike. At almost near zero percent rates since the depths of the 2008 recession, interest rates remain unchanged. Key data such as U.S unemployment rate, household spending, business … Continue reading

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Wealth Inequality Impeding Economic Mobility

At a conference on economic opportunity and inequality sponsored by the Federal Reserve Bank of Boston, Janet Yellen, the chair of the US Federal Reserve, addressed the issue of wealth and income inequality in her speech entitled “Perspectives on Inequality … Continue reading

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Investors Anticipate the Outcome of Next Week’s Fed Meeting

The market has long been preparing for the Fed to cut back on its $85 billion per month stimulus program and with positive unemployment data, it seems that the Fed could begin “tapering” the program as early as this week. … Continue reading

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Heady Rally Unlikely to Repeat Next Year

This past year has brought with it impressive gains in the stock market. Year-to-date, the S&P500 has run-up 27% and is currently trading at about 18 times its companies’ earnings (compared to a historical 16 times). Combined with positive news … Continue reading

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Obama Nominates Janet Yellen to Head the Fed

On Wednesday, President Obama nominated Janet Yellen to serve as the first female head of the Federal Reserve. She currently serves as vice chair at the central bank. Prior to her appointment as vice chair, she served as president and … Continue reading

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