Tag: Janet Yellen

A few thoughts on a remarkable speech today by Fed chair Janet Yellen

In no particular order, let me touch on a few interesting elements of Federal Reserve Chair Janet Yellen’s speech today to the 2014 National Interagency Community Reinvestment Conference in Chicago. 1.) Real stories, and a new tone. It’s hard to…

Fed Vice Chair Janet Yellen on our “Painfully Slow Recovery for America’s Workers”

President Obama’s State of the Union speech on Tuesday will be about economic inequality and the struggles of the middle class, but this week’s most important speech about the American middle class was almost certainly an address given today by Federal Reserve Vice Chair Janet Yellen: A Painfully Slow Recovery for America’s Workers: Causes, Implications, and the Federal Reserve’s Response.