WASHINGTON — Federal Reserve Chair Janet Yellen told Congress on Thursday that economic conditions appear to be improving enough for policymakers to raise interest rates when they meet in two weeks — as long as there are no major shocks ...

Tagged with: Federal Reserve Janet Yellen

WASHINGTON — Federal Reserve Chair Janet Yellen on Wednesday described stock market valuations as high and said the central bank was carefully monitoring their impact on financial stability. “I would highlight that equity market valuations at this point generally are ...

Tagged with: Janet Yellen

WASHINGTON — For 6½ years, the Federal Reserve has held its key interest rate near zero, and for nearly that long the financial world has speculated about when the Fed will start raising it. Don’t look for it soon. That’s ...

Tagged with: Federal Reserve Janet Yellen

PARIS — Federal Reserve Chair Janet Yellen said Friday that the Fed is striving to clearly communicate its intentions on interest rates in order to minimize surprises that could disrupt financial markets both in the United States and globally. She ...

Tagged with: Federal Reserve interest rates Janet Yellen

WASHINGTON — Federal Reserve Chair Janet Yellen sounded an alarm Friday about widening economic inequality in the United States, suggesting that America’s longstanding identity as a land of opportunity was at stake. The growing gap between the rich and everyone ...

Tagged with: Janet Yellen

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Tuesday that the economic recovery is not yet complete and for that reason the Fed intends to keep providing significant support to boost growth and improve labor market conditions. In delivering ...

Tagged with: economic recovery Federal Reserve Janet Yellen

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Tuesday that the largest U.S. banks might need to hold additional capital to withstand periods of financial stress. Yellen told a banking conference in Atlanta that current rules on how much ...

Tagged with: Federal Reserve Janet Yellen

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen made clear Monday that she thinks the still-subpar U.S. job market will continue to need the help of low interest rates “for some time.” Yellen’s remarks signaled that even after the Fed ...

Tagged with: Federal Reserve Janet Yellen job market

WASHINGTON — The Janet Yellen era at the Federal Reserve begins in earnest this week with a two-day meeting, a policy statement and fresh economic forecasts. Yet all that will be a prelude to the marquee event: Yellen’s first news ...

Tagged with: Federal Reserve Janet Yellen

WASHINGTON — Federal Reserve Chair Janet Yellen noted Thursday that some recent economic data have pointed to weaker-than-expected gains in consumer spending and job growth. She said the Fed will be watching to see whether the slowdown proves only a ...

Tagged with: Federal Reserve gains Janet Yellen

WASHINGTON — Federal Reserve Chair Janet Yellen sought Tuesday to reassure investors that she will embrace the approach to interest-rate policy that her predecessor, Ben Bernanke, pursued before he stepped down as chairman last month. Yellen told Congress that if ...

Tagged with: Federal Reserve Janet Yellen

WASHINGTON — Janet Yellen will take the helm of a Federal Reserve facing a significantly different economic landscape from the one that dominated Ben Bernanke’s tenure as chairman, confronting her with different decisions as well. Bernanke’s eight years leading the ...

Tagged with: Janet Yellen