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Journal Article
Economic inequality in the United States
This Economic Letter is adapted from the 2006-2007 Economics of Governance Lecture delivered by Janet L. Yellen, president and CEO of the Federal Reserve Bank of San Francisco, at the Center for the Study of Democracy, University of California, Irvine, on November 6, 2006. ; My topic today is the performance of the U.S. economy, with a focus on how trends for the economy as a whole have been playing out for our nation's individuals and families. One area I'd like to examine in particular is how the income that has been generated by our economy over the past three decades or so has been ...
Journal Article
Productivity and inflation
This Economic Letter is adapted from remarks by Janet L. Yellen, President and CEO of the Federal Reserve Bank of San Francisco, delivered at the Economic Summit at the Stanford Institute for Economic Policy Research in Palo Alto, California, on February 11, 2005. (See www.frbsf.org/news/speeches/ for full speech text.)
Journal Article
The U.S. economic situation and the challenges for monetary policy
This Economic Letter is adapted from speeches delivered by Janet L. Yellen, president and CEO of the Federal Reserve Bank of San Francisco, on September 4 and 5, 2008, to a group of community leaders in Salt Lake City, Utah, and to the Rotary Club of Los Angeles, respectively.
Journal Article
A monetary policymaker's passage to India
Each year, the President of the San Francisco Fed joins the Federal Reserve Board Governor responsible for liaison with Asia on a "fact-finding" trip to the region. These trips advance the Bank's broad objectives of serving as a repository of expertise on economic, banking, and financial issues relating to the Pacific Basin and of building ties with policymakers and economic officials there. The knowledge gained and the contacts developed are critical in understanding trends affecting the District, in carrying out responsibilities in banking supervision, and in ensuring that policymakers have ...
Journal Article
Prospects for the economy
This Economic Letter is adapted from remarks by Janet L. Yellen, President and CEO of the Federal Reserve Bank of San Francisco, delivered to the Bay Area Council 2006 Outlook Conference in San Jose, California, on April 18, 2006.
Journal Article
Economic conditions in Singapore and Vietnam: a monetary policymaker's report
Each year, the President of the San Francisco Fed joins the Federal Reserve Board Governor responsible for liaison with Asia on a "fact-finding" trip to the region. These trips advance the Bank's broad objectives of serving as a repository of expertise on economic, banking, and financial issues relating to the Pacific Basin and of building ties with policymakers and economic officials there. The knowledge gained and the contacts developed are valuable in understanding trends affecting the Twelfth District, in carrying out responsibilities in banking supervision, and in ensuring that ...
Journal Article
A Minsky meltdown: lessons for central bankers
This Economic Letter is adapted from a speech delivered by Janet L. Yellen, president and CEO of the Federal Reserve Bank of San Francisco, to the 18th Annual Hyman P. Minsky Conference on the State of the U.S. and World Economies on April 16, 2009, in New York City.
Journal Article
Recent financial developments and the U.S. economic outlook
This Economic Letter is adapted from a speech by Janet L. Yellen, president and chief executive officer of the Federal Reserve Bank of San Francisco, to the National Association for Business Economics in San Francisco, California, on September 10, 2007.
Journal Article
Policymaking on the FOMC: transparency and continuity
This Economic Letter is adapted from remarks by Janet L. Yellen, President and CEO of the Federal Reserve Bank of San Francisco, delivered at the Twelfth International Conference, "Incentive Mechanisms for Economic Policymakers," at the Institute for Monetary and Economic Studies at the Bank of Japan in Tokyo on May 31, 2005.
Journal Article
2006: a year of transition at the Federal Reserve
The Economic Letter is adapted from remarks by Janet L. Yellen, President and CEO of the Federal Reserve Bank of San Francisco, delivered to the Los Angeles Chapter of the National Association of Business Economists in Los Angeles on January 19, 2006