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Janet Yellen brings a remarkable change of tone at the Fed as she listens to unemployed workers, listens carefully to committee members, speaks at the end of meetings careful to summarize varying opinion, and calms volatile financial markets in 2014.
Grouped Articles
Yellen’s First Year at Fed: A Remarkably Steady Course
New York Times 12/22/2014
The New Jobs Report Shows Janet Yellen’s Quandary in a Nutshell
New York Times 03/06/2015
Joel Peterson of JetBlue on Listening Without an Agenda
New York Times 05/09/2015
Janet Yellen and Fed Predecessors Find Common Ground Onstage
New York Times 04/07/2016
Years of Fed Missteps Fueled Disillusion With the Economy and Washington
WSJ 08/26/2016
Fed, With 3 Officials in Dissent, Stands Firm on Interest Rates While Noting Improving Economy
The New York Times 09/21/2016
Applebaum provides an depth look after many intervews with people close to to Janet Yellen. He points out the influence of the thinking on unemployment of Pofessor James Tobin of Yale on Yellen. A must read for people interested in insights into her thinking.
Grouped Articles
Yellenâs Path From Liberal Theorist to Fed Voice for Jobs
New York Times 10/09/2013
Yellen’s Not on Team Krueger When it Comes to Inflation and the Unemployed
Wall Street Journal 04/16/2014
Yellen Tells N.Y.U. Graduates to Expect Failure and Learn From It
New York Times 05/21/2014
Fed's Yellen Defends Low Rates
Wall Street Journal 07/03/2014
Activists to Fed: Premature Rate Hikes Would Hurt Poor
Wall Street Journal 08/23/2014
Recognizing Bubbles But Still Cautious About Deflating Them
New York Times 09/10/2014
The Fed chairman tells a Boston Fed conference on inequality that it is fair to ask whether equal opportunity on which Americans place importance is not a part of core American values.
Grouped Articles
Fed’s Yellen Says Extreme Inequality Could Be Un-American
Wall Street Journal 10/17/2014
Janet Yellen Warns of Inequality Threat
New York Times 10/17/2014
How Quantitative Easing Contributed to the Nation's Inequality Problem
New York Times 10/22/2014
Yellen Goes on Road to Investigate Health of the Jobs Market
New York Times 10/16/2014
Yellen’s First Year at Fed: A Remarkably Steady Course
New York Times 12/22/2014
Income Inequality Is Costing the U.S. on Social Issues
New York Times 04/28/2015
Yellen's emphasizes she will look at a broad range of indicators including inflation, jobless for over 6 months and parttime workers who want full time jobs, and fianncial market developments. The Fed continued to reduce its bond purchases- from $65 billion to $55 billion a month. The Fed said plans were to increase short term interest rates about 6 months after the bond purchases end in the fall of 2014, but to do so very gradually and in small increments. A majority of economists interpreted this to mean the Fed will not increase rates till 2015, especially considering the focus on broad indicators includes other aspects of the unemployment picture that are not included in the unemployment rate.
Grouped Articles
Wall Street Journal 03/20/2014
Fed Cuts Bond Buying by Another $10 Billion
New York Times 03/19/2014
Hiring Rises, but Number of Jobless Stays High
New York Times 04/04/2014
In Tepid Wage Growth, a Potent Sign of a Still-Fragile Economy
New York Times 05/05/2014
Recognizing Bubbles But Still Cautious About Deflating Them
New York Times 09/10/2014
Yellen Goes on Road to Investigate Health of the Jobs Market
New York Times 10/16/2014
Grouped Articles
Yellen Gets Fed Nomination With Bank at Turning Point
Wall Street Journal 10/10/2013
Economists See Nominee as Slightly More Dovish Bernanke
Wall Street Journal 10/10/2013
Yellenâs Path From Liberal Theorist to Fed Voice for Jobs
New York Times 10/09/2013
The Yellen Fed? Precise and Predictable
New York Times 10/09/2013
Weak Job Data May Weigh on Fedâs Decision on Stimulus
New York Times 10/22/2013
Yellen's Challenge: Corralling Fed's Many Voices
Wall Street Journal 11/12/2013
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