Janet Yellen: News
13 Mar 2023
Joe BidenBiden promises to fix 'mess' as second US bank collapses
After the recent collapse of the Silicon Valley Bank (SVB) and Signature Bank (SB), United States (US) President Joe Biden has promised to hold everyone responsible for the failure of the banks "fully accountable."
15 Jul 2017
Federal ReserveIs the US drug crisis linked to 'jobs market'?
Amid US's major opioid crisis, Federal Reserve Chief, Janet Yellen suggested that the crisis may be linked to a decline in the number of working Americans or those looking for work.
13 Jul 2017
Federal ReserveSensex closes above the 32,000 for the first time ever
Riding high on the dovish comments of US Fed Chair Janet Yellen before the US Congress and a fall in retail inflation in June, benchmark equity indices reached record high levels today as the market opened.
15 Jun 2017
Federal ReserveUS Federal Reserve hikes interest rate, plans balance sheet reduction
The Federal Reserve has hiked its benchmark lending rate by a quarter percentage point to 1.25% from its erstwhile 1%, showing its conviction in the US economy's growth and the job market performance and said that there is a chance of another hike later this year.
16 Mar 2017
United States of AmericaUS Federal Reserve hikes benchmark interest by 0.25%
The US Federal Reserve raised its benchmark interest rate for the second time in three months by 0.25% to a range of 0.75-1%.