Janet Louise Yellen (born August 13, 1946) is an American economist. She is the Chair of the Board of Governors of the Federal Reserve System, previously serving as Vice...

Previously, she was President and Chief Executive Officer of the Federal Reserve Bank of San Francisco; Chair of the White House Council of Economic Advisers under President Bill Clinton; and Professor...

Yellen was born in Brooklyn, New York, the daughter of Anna (née Blumenthal) and Julius Yellen, a physician. She...

Yellen is married to George Akerlof, a Nobel prize-winning economist and professor emeritus at the University of California,...

Yellen was an assistant professor at Harvard in 1971–76 and a lecturer at The London School of Economics and Political Science in 1978-1980. She was an economist with the Federal Reserve Board of Governors...

Yellen served as Chair of President Bill Clinton's Council of Economic Advisers from February 18, 1997, to August 3, 1999, and was appointed as a member...

From June 14, 2004, until 2010, Yellen was the President and Chief Executive Officer of the Federal Reserve Bank of San Francisco. She was a voting member of the Federal Open Market Committee (FOMC) in 2009. Following...

In a 2005 speech in San Francisco, Yellen argued against deflating the housing bubble because "arguments against trying to deflate a bubble outweigh those in favor of it" and predicted that the...

In July 2009, Yellen was mentioned as a potential successor to Ben Bernanke as chair of the Federal...

On April 28, 2010, President Obama nominated Yellen to succeed Donald Kohn as vice-chair of the Federal Reserve System. In July, the Senate Banking Committee voted 17 to 6 to confirm her, though the top Republican on...

Bullard's statement was interpreted as a possible shift within the FOMC balance between inflation hawks and doves. Yellen's pending...

On October 9, 2013, Yellen was officially nominated to replace Bernanke as head of the Federal Reserve. During the nomination hearings held on November 14, 2013,...

On December 20, 2013, the U.S. Senate voted 59–34 for cloture on Yellen's nomination. On January 6, 2014, she was confirmed as Chair of the Federal Reserve by a vote of 56–26,...

Yellen is considered by many on Wall Street to be a "dove" (more concerned with unemployment than with inflation) and as such to be less likely to advocate Federal Reserve interest rate hikes,...

Yellen is a Keynesian economist and believes in the modern version of the Phillips curve, which, in its original, pre-1970s form, stated a simple...

In a 1995 meeting of the Federal Open Market Committee while serving on the Board of Governors of the Federal Reserve System, Yellen stated that occasionally letting inflation rise could be a "wise and humane policy" if it increases...

Yellen received the Wilbur Cross Medal from Yale in 1997, an honorary Doctor of Laws degree from Brown in 1998, and an honorary Doctor of Humane Letters from Bard College in 2000. In October 2013, it was announced that she will...


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