Monetary Policy

A Chinese bank employee counts 100-yuan notes and dollar bills at a counter in Nantong, in China's eastern Jiangsu province, on Tuesday.

A U.S.-China Currency War? What You Need To Know

11:05am August 11, 2019

by Emily Feng

After China let its yuan drop in value, the U.S. accused the country of being a "currency manipulator." Here is how China manages its money and what a dispute with the U.S. could mean.

Federal Reserve Chairman Jerome Powell testifies Tuesday before the House Financial Services Committee in Washington. "My personal outlook for the economy has strengthened since December," he said.

New Fed Chief Sees Interest Rates Continuing To Rise As Economy Strengthens

7:36pm February 27, 2018

by John Ydstie

The central bank remains on track to boost rates gradually, Jerome Powell told Congress on Tuesday in his first testimony as Fed chairman. He said he has seen the economy picking up since December.

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Janet Yellen has served as chair of the Federal Reserve Board since 2014.

Yellen Will Leave Top Fed Post With Solid Record

6:21pm November 02, 2017

by John Ydstie

As Fed chair, Janet Yellen helped the central bank largely achieve its mandate to engineer full employment while keeping inflation at a level that fosters growth.

Economy

Economy Weathers A Bad Winter And Other Storms To Finish 2014 Strong

1:09pm February 17, 2015

by John Ydstie

Early in 2014, the economy was floored by the polar vortex — plus, businesses and consumers were dazed by a government shutdown and debt limit fight. But it rebounded, and analysts are optimistic.

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Monetary Policy

A U.S.-China Currency War? What You Need To Know

New Fed Chief Sees Interest Rates Continuing To Rise As Economy Strengthens

Yellen Will Leave Top Fed Post With Solid Record

Top Fed Officials Field Questions From Activists Unhappy Over Monetary Policy

Economy Weathers A Bad Winter And Other Storms To Finish 2014 Strong