Janet Yellen

The Rise and Fall of the Stock Market: What to Expect

February 8, 2018

Economist Dean Baker says that after such a sharp run-up in stock prices, “it really shouldn’t be a surprise to anyone that you’re going to see some downturn in the market”

Trump Dumps First Woman Fed Chair For Investment Banker

January 1, 2018

It’s a shame to see Janet Yellen, who did an “outstanding job” as chair of the Federal Reserve, get fired in favor of an investment banker who doesn’t have a background in economics, says Dean Baker, co-director at CEPR

Potential Fed Chair Kevin Warsh: A ‘Classic Trump Pick’

October 13, 2017

President Trump’s consideration of Kevin Warsh to replace Janet Yellen as chair of the Federal Reserve would be a typical Trump appointment: a wealthy, well-connected investment lawyer with a terrible track record, says economist Dean Baker

Economy

July 15, 2017
During her testimony to Congress, Federal Reserve Chair Janet Yellen dodged a question about whether she would accept a second term in office–but it’s unlikely that President Trump will re-appoint her, says Gerald Epstein, co-director of Political Economy Research Institute

Dean Baker: Interest Rate Hike Will Hurt Jobs Growth

June 23, 2017

The Federal Reserve’s interest rate hike will slow jobs growth, but is probably being done to please Wall Street, says CEPR’s Dean Baker

Why You Should Be Concerned by the Fed’s Interest Rate Hike

December 17, 2015

PERI Co-director Gerald Epstein says while the interest rate hike is meant to demonstrate the growing strength of the US economy, it could actually end up slowing it down

Yellen’s Tapering of Quantitative Easing Disruptive at Home and Abroad

February 14, 2014

Janet Yellen’s first congressional testimony affirms that the Fed will continue to implement policies harmful to emerging markets, and will not address structural causes of inequality in the US

US Federal Reserve

December 23, 2013
Gerald Epstein: Former Bank of Israel Chief Stanley Fischer will likely become the Vice Chairman of the Federal Reserve, but his record shows consistent catering to Wall Street rather than bringing the country to full employment

The Next Federal Reserve Chair will Decide the Fate of Dodd-Frank

September 9, 2013

Gerald Epstein: Larry Summers is the chief architect of the financial crisis and should not be chief regulator of the financial system