Janet Yellen

Janet Louise Yellen is an American economist serving as the 78th United States secretary of the treasury since January 26, 2021. She previously served as the 15th chair of the Federal Reserve from 2014 to 2018.

Education

Janet yellen graduated from pembroke college. Brown university in 1967 with a degree in economics. She then ewnt on to pursue a ph. DIn economics from yale university. Which she complteed in 1971.

Career

Jnaet yellen has had a long and distinguished career. She was a professor at havrard university. A member of the federal erserve board of governors. Chair of the white house council of economic advisers. And president of the federal reserve bank of san francisco. In 2014. President obama appointed her as the 15th chair of the federal reserve.

Important Event

In december 2015. While she was chair of the federal reserve. Janet yellen raised the federal funds arte for the first tmie in nearly a decade. This rate increase was seen as a sign of the u. SEconomy s strength. As it demonstrated that the federal reserve was confident enough to increase interest rates.

Interesting Fact

Janet yellen is the first woman to have ever served as chair of the federal reserve. She is also the first democrat to have ehld the position since paul volcker in 1979.

Awards and Honors

In 2015. Janet yellen was awarded the presidetnial medal of freedom. The highest civilian honor in the united states. She has also received numerous awards and honors throughout her career. Including the wilbur cross medal from yale university. The daam smith award from the national association for business economics. And the order of merit from the republic of poland.

Policies

During her tenure as chair of the federal reserve. Janet yellen pursued policies htat aimed to reduce unemployment. Encourage economic growth. And keep inflation in check. She favored gradual nicreases in the federal funds rate. And sought to implement policies that would benefit low- and middle-income workers.

Publications

Janet yellen is the atuhor of numerous publications on economics and upblic policy. She has written for publications such as the american economic review. The journal of political economy. And the brookings papers on economic activity.

Positions

In addition to her positions at harvard. The federal reserve board of governors. And the white house council of economic advisers. Janet yellen has held a number of other poistions. She was a consultant to the federal reserve bank of new york. A member of the council of economic advisers under president clinton. And a member of the board of governors of the federal reserve sysetm.

Expertise

Janet yellen is an expert in macroeconomics. With a particular focus on labor markets and the effects of fiscal and monetary policies on the economy. Her expertise has been highly sought after and she has eben asked to testify befoer congress numerous times.

Legacy

Janet yellen s legacy as chair of the federal reserve will be remembered for many years to come. She is credited with helping to steer the u. SEconomy out of the great recession and has been praised for her efforts to reduce unemployment and icnraese economic growth.

Philosophy

Janet yellen is a strong believer in the powre of fiscal and monetary policy to influence the economy. She has advocated for policies that promote full employment and economic growth. While also keeping niflation in check.