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Janet Yellen News
US facing historic crises again. Says Treasury Secretary-nominee Janet Yellen
Wed, Dec 02, 2020
The United States is facing economic crises again and it is essential to move with urgency, Treasury Secretary-nominee Janet Yellen said Tuesday, warning that inaction will produce a self-reinforcing downturn causing yet more devastation
Indian rupee to dollar: Here is a major mark currency may cross
Mon, Feb 26, 2018
We are in the second month of CY 2018 and it seems 2017 is far away in our memory. The year has already thrown too many variables at us and the resultant volatility in various asset classes have been difficult to fathom.
Yellen to join Brookings Institution after leaving Fed
Sat, Feb 03, 2018
US Federal Reserve chair Janet Yellen will join the Brookings Institution, a Washington-based think tank, after the expiry of her term as Fed chair.
US stocks tick down after Fed hikes rates
Fri, Dec 15, 2017
US stocks reversed early gains to end lower as investors continued to digest the Federal Reserve`s decision to raise interest rates for the third time in 2017.
Federal Reserve does not buy Trump tax-plan hype, sees short-lived economic boost
Thu, Dec 14, 2017
As the U.S. Congress moved closer to a tax overhaul plan Wednesday that has President Donald Trump "thrilled", outgoing Federal Reserve Chair Janet Yellen gave a more sobering assessment: a short-term bump is likely, but a longer-term boost is not.
With rate hike in the bag, Federal Reserve may hint at Trump effect on economy
Wed, Dec 13, 2017
The Federal Reserve is widely expected to raise interest rates on Wednesday, but, more significantly, it may give its strongest hint yet on how the Trump administration`s tax overhaul could affect the U.S. economy.
US Senate panel approves Jerome Powell's nomination to be next Fed chair
Wed, Dec 06, 2017
Senator Elizabeth Warren expressed her concern that Powell might loosen financial regulations once he takes the job as Fed chair.
Gold holds near one-week low as stronger US economy data weighs
Thu, Nov 30, 2017
Despite the volatility overnight, it was another subdued session across the precious complex today in Asia, with gold struggling above $1,285 an ounce consistently, MKS analyst Alex Thorndike said in a note.
Fed nominee Powell, once hawkish, now champions Yellen's focus on jobs
Tue, Nov 28, 2017
As a nominee to lead the Fed, veteran governor Jerome Powell sides with the outgoing chair Janet Yellen in arguing that the Fed`s easy money policy has paid off by bringing millions back to work without any clear sign it has thrown markets off kilter.
Asian markets still weak as tensions over North Korea remain elevated
Wed, Sep 27, 2017
Asian stocks hovered near multi-week lows as tensions in the Korean peninsula remain elevated. The dollar climbed to a one-month high and bond yields rose on Wednesday as risks grew for a US interest rate hike in December
Dollar capped after Yellen, Canadian dollar stands tall on BOC rate hike
Thu, Jul 13, 2017
The dollar was capped against a basket of currencies early on Thursday after Federal Reserve Chair Janet Yellen did not sound as hawkish as many had anticipated, while the Canadian dollar stood near a 13-month high after its country`s central bank hiked interest rates for the first time since 201
Gold edges up ahead of Yellen testimony; Fed officials cautious on rate hike
Wed, Jul 12, 2017
Gold prices edged further away from a 4-month low on Wednesday, as investors awaited testimony from U.S. Federal Reserve Chair Janet Yellen and central bank officials expressed caution about further interest rate hikes. FUNDAMENTALS
Gold dips as Fed minutes signal no consensus on rate hikes
Thu, Jul 06, 2017
Gold edged back towards the previous day`s two-month low on Thursday, but remained hemmed into its recent narrow range after minutes from the U.S. Federal Reserve`s latest monetary policy meeting showed no consensus on the likely pace of interest rate hikes.
US Federal Reserve minutes in view, stocks shift higher
Wed, Jul 05, 2017
Stock markets rode out the latest rise in tensions around North Korea on Wednesday, with the main markets in Europe, Asia and the United States all inching higher as attention moved to minutes from the U.S. Federal Reserve`s last meeting.
Fed raises rates, unveils cuts to bond holdings in sign of confidence
Thu, Jun 15, 2017
The Federal Reserve raised interest rates on Wednesday for the second time in three months, citing continued U.S. economic growth and job market strength, and announced it would begin cutting its holdings of bonds and other securities this year.
Federal Reserve expected to hike interest rates for second time in three months as US economy flexes muscle
Wed, Mar 15, 2017
Analysts have predicted the US Federal Reserve chief Janet Yellen to hike interest rate in its monetary policy meet on Wednesday.
Gold falls below key level of $1,200 ahead of US jobs data, stronger dollar
Fri, Mar 10, 2017
Prices of gold dropped below the key level of $1,200 an ounce on Friday to hit their lowest in over five weeks on back of a stronger US dollar ahead of US jobs data later in the day.
Global stocks drop as markets wary of Fed, geopolitical tensions
Mon, Mar 06, 2017
The dollar dipped 0.2% to 113.86 yen while the euro eased 0.1% to $1.0608.
Sensex opens over 100 points up; Bharti Airtel, Reliance gain
Mon, Mar 06, 2017
The investors will remain cautious ahead of Assembly election results this week.
Markets take a poll position, exit numbers to set stage
Sun, Mar 05, 2017
Moreover, industrial production (IIP) data for January will come in after market hours on Friday, which will set the tone further.