Janet Yellen

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New Federal Reserve chief Jerome Powell is untested but is likely to follow Janet Yellen’s dovish script. Photograph:  Saul Loeb/AFP/Getty Images

Are the robots to blame for the current market turbulence? A lot of commentators, including US treasury secretary Steve Mnuchin, seem to think so, mu(...)

Traders on the floor of the New York Stock Exchange on Tuesday. It followed a day of huge stock market falls on Monday, with US markets experiencing their biggest one-day decline since August 2011. Photograph:  Spencer Platt/Getty Images

The White House sought to play down the global stock market rout yesterday, insisting that the fundamentals of the US economy were strong and brushing(...)

  Janet Yellen: despite an excellent term as head of the  Federal Reserve,   she was passed over for a second term by US president Donald Trump. Photograph: Brendan Smialowski/AFP/Getty Images

Something shocking happened last week – stock markets fell. “Stocks get crushed in one of their worst days since Brexit” headlined Business Insider la(...)

US president Donald Trump delivers a speech on tax reform in Ohio on Monday. Photograph: Jonathan Ernst/Reuters

The US House of Representatives intelligence committee voted unanimously on Monday to make public a classified Democratic memorandum challenging a Re(...)

An NYSE trader reacts to Friday’s fall.

Financial markets have got a dose of the wobbles, with a big drop on Wall Street after a day of chaotic trading on Monday the clearest evidence yet th(...)

Jerome Powell  takes the oath of office as he is sworn in as the new chairman of the Federal Reserve in Washington DC on Monday. Photograph: Saul Loeb/AFP/Getty Images

Jerome Powell was sworn in on Monday as the US Federal Reserve’s 16th chairman. Mr Powell (64) has been a serving Fed governor since 2012. A centrist(...)

Federal Reserve Board chairwoman Janet Yellen is handing over to her successor Jay Powell after a single four-year term in which she began gradually withdrawing the crisis-era monetary stimulus the Fed injected into the economy. Photograph:  Brendan Smialowski/AFP/Getty Images

Janet Yellen kept the Federal Reserve on course for a further interest rate rise in March in her final meeting as chairwoman of the central bank, with(...)

Janet Yellen, head of the US Federal Reserve. Photograph: Andrew Harrer/Bloomberg

The Federal Reserve is expected to leave interest rates unchanged on Wednesday while signalling a gradual tightening of monetary policy later this yea(...)

House Speaker Paul Ryan: House is willing to accommodate health concerns of some Senate members for vote’s timing. Photograph: Mark Wilson/Getty Images

The timeline of the Republican tax reform plan remains uncertain amid signs that a much-anticipated vote in the Senate next week may be postponed due (...)

Janet Yellen is likely to field questions about how the Fed feels about tax cuts.  Photograph: Bloomberg

With traders fully primed for an interest-rate increase at the Federal Reserve’s final meeting of the year, investors’ focus on Wednesday will be on F(...)

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