Janet Yellen Archives - CFO

Yellen Urges Swift Action on Stablecoin Rules

Yellen Urges Swift Action on Stablecoin Rules

A presidential working group expects to make recommendations on how to regulate the booming digital currencies amid concerns over their stability.

By Matthew Heller | July 20, 2021

Biden to Name Ex-Fed Chair Yellen to Lead Treasury

Biden to Name Ex-Fed Chair Yellen to Lead Treasury

"Janet Yellen is brilliant ... and seems to be popular in all factions, from the financial markets to Main Street."

By Matthew Heller | November 24, 2020

Dollars, Deficits, and “Duh” in Davos

Dollars, Deficits, and “Duh” in Davos

Under current U.S. fiscal policy, federal budget deficits are doomed to continue racing upward with no end in sight, investment consultant says.

By Christopher Whalen | January 25, 2018

US Economy Surges 3% Despite Hurricanes

US Economy Surges 3% Despite Hurricanes

The third-quarter GDP gain may bolster the case for an interest rate hike in December and complicate the debate over tax cuts.

By Matthew Heller | October 30, 2017

Hurricane Harvey Slows Consumer Spending

Hurricane Harvey Slows Consumer Spending

Consumer spending rose only 0.1% in August but "current economic conditions are heavily impacted by the effect of the recent hurricanes."

By Matthew Heller | September 29, 2017

How Is Regulatory Reform Likely to Proceed?

Risk & Compliance

How Is Regulatory Reform Likely to Proceed?

Proposed massive legislative change is unlikely; more moderate reforms floated by Treasury are better bets.

By Michael Lewis, George Madison, Michael Borden, and Cameron Gibbs | September 21, 2017

Fed Holds Steady on Rate Hike Timetable

Fed Holds Steady on Rate Hike Timetable

The central bank appears on course to raise interest rates in December but is "monitoring inflation developments closely."

By Matthew Heller | September 21, 2017

Yellen Skeptical About Trump’s Growth Target

Yellen Skeptical About Trump’s Growth Target

The Fed chair says the 3% target "would be quite challenging" given sluggish productivity and declining labor force growth.

By Matthew Heller | July 14, 2017

Consumer Spending Rises Modestly

Consumer Spending Rises Modestly

Consumption picked up in May, but the key measure of U.S. inflation grew only 1.4%.

By William Sprouse | June 30, 2017

Yellen Says Financial Crisis Unlikely in Her Lifetime

Yellen Says Financial Crisis Unlikely in Her Lifetime

But the Federal Reserve Chair cautions against unwinding the reforms put in place after the 2008-2009 crisis.

By William Sprouse | June 28, 2017

Fed Raises Interest Rates for 2nd Time in 3 Months

Fed Raises Interest Rates for 2nd Time in 3 Months

Central bank officials are expecting at least two more hikes this year amid a strong labor market and rising inflation.

By Matthew Heller | March 15, 2017

Fed Adopts Bank Bailout Prevention Rule

Risk & Compliance

Fed Adopts Bank Bailout Prevention Rule

The total loss-absorbing capacity rule is "one of the last critical safeguards that make up the core" of the Fed's post-financial crisis reforms.

By Matthew Heller | December 20, 2016

Fed Raises Benchmark Interest Rate by 0.25%

Fed Raises Benchmark Interest Rate by 0.25%

Fed Chair Janet Yellen calls the first rate increase in a year “a vote of confidence in the economy.”

By Matthew Heller | December 14, 2016

Consumer Prices Post Biggest Gain in 2 Years

Consumer Prices Post Biggest Gain in 2 Years

Fed Chair Janet Yellen says the firmer pace of inflation has "strengthened" the case for an interest rate hike next month.

By Matthew Heller | November 18, 2016

U.S. Job Growth Falls to 151,000 in August

U.S. Job Growth Falls to 151,000 in August

The latest jobs report increases the odds the Federal Reserve will defer any interest rate hike until no sooner than December.

By Matthew Heller | September 6, 2016