Janet Yellen News
Global finance officials argue benefits of free trade
The world's major economies are united in their belief that free trade delivers healthy economic growth
Leaders of IMF and World Bank defend globalization
Global finance leaders are defending globalization against an assault from President Donald Trump and European populists
The Note: Mother of all messages
TRUMP’S FIRST 100 DAYS with ABC’s RICK KLEIN and VERONICA STRACQUALURSI Day No. 85 THE BIG STORY: The “mother of all bombs” is intended to send the mother of all messages. That message is, of course, aimed particularly at North Korea, which could this weekend conduct its first nuclear test during
President Trump changes stance on 4 campaign positions in just 1 day
Over the course of just one day, President Trump declared different positions than he took during the campaign on four issues. In an interview with The Wall Street Journal and at a press conference on Wednesday, President Trump declared that China is not a currency manipulator, entertained the
The Note: Trump changing course
TRUMP’S FIRST 100 DAYS with ABC’s RICK KLEIN and VERONICA STRACQUALURSI Day No. 84 THE BIG STORY: “One by one we are keeping our promises,” President Trump tweeted Wednesday night, after a day that saw him flip on a staggering array of previous commitments and comments. In the course of a few
Trump flips on campaign promise to label China as currency manipulator
President Donald Trump publicly reneged Wednesday on a pledge he delivered with consistency throughout his presidential campaign -- his promise to label China a currency manipulator. According to the Wall Street Journal , the president said the decision came in consideration of talks with China
Fed chair: Waiting too long to hike interest rates is 'unwise'
Federal Reserve Chairwoman Janet Yellen testified before Congress for the first time since President Trump took office.
How to Handle the Coming Bond Market Turbulence
The Federal Open Market Committee, the Federal Reserve Board group that sets monetary policy, is poised to hike interest rates this year, prompting corporate and Treasury bond investors to seek the best ways to position for the expected impact. In December of 2016, the Fed increased the federal
How Fed Rate Hikes Will Impact Borrowers Next Year
The Federal Reserve raised interest rates on Dec. 14 for only the second time in a decade. You probably saw some headlines about mortgage rates or credit card costs and then went back to furious holiday preparation or clicked on another story about Donald Trump . After all, what’s a quarter point?
5 Things You Should Know About Dodd-Frank
ABC News' Rebecca Jarvis explains the law that regulates the financial industry.