Tagged: janet yellen

Yellen Suggests Rate Hike is Coming But Offers No Timetable

by Associated Press 8/26/2016 11:17 am

Federal Reserve Chair Janet Yellen said Friday that the case for raising interest rates has strengthened in light of a solid job market and an improved outlook for the U.S. economy and inflation. But she stopped short of offering any timetable.

Average US 30-Year Mortgage Rate Unchanged at 3.43 Percent

by Associated Press 8/25/2016 11:31 am

Long-term U.S. mortgage rates didn't budge this week, remaining at historically low levels that continue to lure prospective home buyers.

Yellen, in Speech Friday, Could Send Signal About Next Hike

by Associated Press 8/25/2016 11:24 am

The job market is humming, and so are the U.S. financial markets, with major stock indexes near record highs. But the Federal Reserve has yet to signal that it will resume raising rates soon.

Yellen: Economy Improving But Timing of Rate Hike is Unclear

by Associated Press 6/6/2016 3:26 pm

Federal Reserve Chair Janet Yellen indicated Monday that the U.S. economy is improving but remains defined by so many uncertainties that it's unclear when the Fed should resume raising interest rates.

Fed Member Lael Brainard Urges Caution on Raising Interest Rates

by Associated Press 6/3/2016 11:38 am

An ally of Federal Reserve Chair Janet Yellen who has been a longtime skeptic of raising interest rates is signaling that the Fed should be in no hurry to act, especially after Friday's bleak U.S. jobs report.

Lew: US Retreat from Global Economic Stage Would be Mistake

by Associated Press 4/11/2016 11:33 am

Treasury Secretary Jacob Lew said Monday that Americans have reaped significant benefits from the international architecture put in place after World War II and the United States would be making a serious mistake to retreat from its global leadership role.

Janet Yellen Stresses that Fed Foresees Gradual Pace of Rate Hikes

by Associated Press 3/29/2016 1:22 pm

Federal Reserve Chair Janet Yellen said Tuesday that the Fed still envisions a gradual pace of interest rate increases in light of global pressures that could weigh on the U.S. economy.

With Rate Hike Likely A No Go, Investors Seek Fed's Economic Outlook

by Associated Press 3/14/2016 11:19 am

The financial world is awaiting the Federal Reserve's response to a critical question: How stable are the world's economies and financial markets?

US Stocks Fall for 4th Straight Day; Dow Down 254 Points

by Associated Press 2/11/2016 3:19 pm

U.S. stocks fell for the fourth day in a row as concerns about global economic weakness intensified, even as Federal Reserve Chair Janet Yellen reiterated her confidence in the U.S. economy. The Dow Jones industrial average fell 254 points, or 1.6 percent, to close at 15,660.

Yellen: Slower Rate Hikes On Tap If Economy Disappoints

by Associated Press 2/10/2016 11:37 am

Federal Reserve Chair Janet Yellen said the U.S. economy faces a number of global threats that could hamper growth and compel the Fed to slow the pace of future interest rate hikes.

Federal Reserve Hikes Key Interest Rate, Sees 'Gradual' Increases Ahead

by Associated Press 12/16/2015 1:01 pm

The Federal Reserve is raising interest rates after seven years of record lows. But it's signaling that further rate hikes will likely be made slowly as the economy strengthens further and muted inflation rises.

Yellen Signals Growing Likelihood of a December Rate Hike

by Associated Press 12/3/2015 11:55 am

Federal Reserve Chair Janet Yellen told Congress Thursday that economic conditions are falling into place for policymakers to raise interest rates when they meet in two weeks — as long as there are no major shocks that undermine confidence.

Janet Yellen Expects Fed to Raise Rates by Year's End

by Associated Press 9/25/2015 11:38 am

Chair Janet Yellen said Thursday that she expects the Federal Reserve to begin raising interest rates from record lows by the end of the year.

Fed Leaves Key Interest Rate Unchanged, Citing Low Inflation

by Associated Press 9/17/2015 1:04 pm

The Federal Reserve is keeping U.S. interest rates at record lows in the face of threats from a weak global economy, persistently low inflation and unstable financial markets.

Beige Book Finds Economic Growth in All Regions of Country

by Associated Press 7/15/2015 2:26 pm

The U.S. economy was expanding in all regions of the country in the late spring, aided by strong sales of autos and other consumer goods.

IMF: Federal Reserve Should Delay Interest Rate Hike to 2016

by Associated Press 6/4/2015 11:40 am

The International Monetary Fund urged the Federal Reserve to wait until the first half of 2016 to start raising short-term interest rates because the U.S. economy remains subpar.

Janet Yellen Reiterates Fed's Patience in Raising Rates

by Associated Press 2/24/2015 11:24 am

Federal Reserve Chair Janet Yellen said Tuesday that the U.S. economy is making steady progress, but for now the Fed is sticking with patience in raising interest rates because the labor market is still healing and inflation is too low.

Janet Yellen: US Experiencing Widening Inequality

by Associated Press 10/17/2014 11:55 am

Federal Reserve Chair Janet Yellen said Friday that the last several decades have seen the most sustained rise in income inequality in a century.

Janet Yellen Foresees Continued Low Borrowing Rates

by Associated Press 5/7/2014 4:28 pm

Federal Reserve Chair Janet Yellen said Wednesday that the U.S. economy is improving but noted that the job market remains "far from satisfactory" and inflation is still below the Fed's target rate.

Janet Yellen: Job Market Needs Low Rates 'For Some Time'

by Associated Press 3/31/2014 11:35 am

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."

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