Treasury Secretary Janet Yellen notified Congress that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures.”

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Treasury Secretary Janet Yellen said that she expects the U.S. economy to slow in the months ahead, but that a recession is not inevitable.

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WASHINGTON — The Federal Reserve has left interest rates unchanged while signaling that it expects a resilient U.S. economy and solid job market to justify further rate hikes later this year. The Fed’s pause comes after it modestly raised its ...

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Well, the Federal Reserve has finally gone and done it. It raised short-term rates by 25 basis points, and Fed officials predicted four more similar hikes next year. That will bring rates to a range of 1.25 percent to 1.5 ...

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Federal Reserve Chair Janet Yellen says continued improvement in the U.S. economy means an increase in the Fed's key interest rate could come later this year.

Tagged with: federal reserve interest rates janet yellen

Federal Reserve Chair Janet Yellen said Tuesday that the U.S. economy is making steady progress, but that for now the Fed will remain patient about raising interest rates because the job market is still healing and inflation is too low. ...

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Federal Reserve Chair Janet Yellen said Wednesday that she doesn't see a need for the Fed to start raising interest rates to defuse the risk that extremely low rates could destabilize the financial system.

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Federal Reserve Chair Janet Yellen paid tribute Wednesday to the man she succeeded three months ago, saying Ben Bernanke demonstrated the grit that was needed to stabilize the financial system and restore economic growth.

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The Federal Reserve may be about to turn more aggressive in its regulation of the financial system.

Tagged with: Banking federal reserve janet yellen

WASHINGTON — The Senate confirmed Janet Yellen on Monday as the first woman to lead the Federal Reserve, elevating an advocate of fighting unemployment and a backer of the central bank’s efforts to spur the economy with low interest rates ...

Tagged with: Banks Ben Bernanke federal reserve janet yellen