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Janet Yellen Fed Chair

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Janet Yellen Testimony: Key Takeaways as Fed Stays the Course

By , Contributing Writer, Money Morning -

What stands out most from the Janet Yellen testimony Thursday to the Senate Banking Committee is that her remarks mirrored comments made on Feb. 11 in her first monetary policy testimony to a House panel.

Speaking on Capitol Hill about the Semiannual Monetary Report, Yellen repeated that the central bank is likely to maintain its approach of progressively trimming asset purchases. The taper will continue even as policy makers monitor data to determine if the recent spate of soft economy data is temporary or something more serious.

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The First Thing Yellen Should Do to Save America

By , Capital Wave Strategist, Money Morning • @WallStreet_II -

How do you thank someone who has taken you from crayons to perfume? It isn't easy, but I'll try...
- Lulu, To Sir, With Love (1967)
There is so much to say about the United States government not defaulting.
I'd like to start with a thank you.
It isn't easy, but I'll try.
Thank you, Congress, for showing the world there's nothing wrong with the full faith and credit of the United States... and for showing the world that having full faith and credit in the United States government is a total bust.
An extension? Really? So, we go through this again in a matter of weeks?
Thanks.
But let's move on. Let's talk about Janet Yellen. She's far more relevant.
She's about to become the most powerful person in the United States - in the entire world, for that matter.

Here's the first thing Yellen could do with all that power - if she wants to save America...

Janet Yellen as the Next Fed Chair: What That Means for Markets, Economy

By , Economist, Money Morning -

Now that President Obama has officially nominated Janet Yellen to be the next Fed chair, there are a few things you should know about her. For instance, she was the overwhelming choice of both Congressional Democrats and Wall Street bankers. Get ready for this:

Wall Street will love Janet Yellen even more than Helicopter Ben...

All Things Fed: Keith Fitz-Gerald on Janet Yellen and Today's FOMC Meeting

By , Money Morning -

Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business' "Varney & Co." today to discuss this week's FOMC meeting and Janet Yellen.

On Monday, Larry Summers announced he is dropping out of the candidate list to replace Ben Bernanke and become the next Fed chief. Next in line for new Fed chief role is Janet Yellen.

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