Janet Yellen

US Economy

Yellen sees inflation gradually heading back to Fed's 2% target

From a year ago, overall CPI was up 3.1%
US stripped of 'AAA' rating by Fitch as budget deficits swell - THE EDGE SINGAPORE

US Economy

US stripped of 'AAA' rating by Fitch as budget deficits swell

The credit grader cut the US one level from AAA to AA+, echoing a move made more than a decade ago by S&P Global Ratings.

US Economy

Janet Yellen says China slowdown risks spillovers but no US recession

Yellen was speaking on the sidelines of meetings with counterparts from the Group of 20 economies in Gandhinagar, India.
Yellen says US-China ties on 'surer footing' after trip - THE EDGE SINGAPORE

Geopolitics

Yellen says US-China ties on 'surer footing' after trip

Diversifying supply chains in narrow areas wasn’t the same as decoupling

US Economy

Yellen warns Congress Treasury may run out of cash as soon as June

The US Treasury has been staving off a possible default by using special accounting manoeuvres since hitting the limit in January.

Global Economy

Another financial crisis in our lifetime?

Then-Fed ChairJanet Yellen said in 2017 that we "would not witness another banking crisis in our lifetimes"

US Economy

Differing Powell and Yellen messages were a lot for the stock market to digest

Two people of such stature rarely speak simultaneously, worse when they project messages that traders interpret as in opposition.
How Dimon and Yellen helped secure US$30 bil lifeline for First Republic - THE EDGE SINGAPORE

Banking & finance

How Dimon and Yellen helped secure US$30 bil lifeline for First Republic

Not everyone is convinced it’s a good idea. Billionaire investor Bill Ackman called the rescue a "bad policy".

US Economy

Yellen seeks to reassure congress on banks amid oversight angst

Yellen is expected to defend the measures, which were intended to ease concerns about spillover effects.

Silicon Valley Bank fallout

US seeks to stymie bank-run risk as Yellen pledges protections

Authorities’ efforts are aimed at protecting depositors, rather than bailing out investors, Yellen said on CBS’s “Face the Nation”
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