• Yellen: Fed Working on Behalf of Main Street, Not Wall Street

Market news

13 January 2017

Yellen: Fed Working on Behalf of Main Street, Not Wall Street

  • Fed Not Trying to Give Advantage to One Group Over Another With Policy Decisions

  • Made No Comments on Monetary Policy, Interest Rates

  • Fed Committed to Promoting Diversity in Fed Ranks, Economics Profession

  • Consumers Skilled in Financial Management Better Able to Weather Hard Times

  • Improving Education Can Help Spur Economic Growth, Raise Living Standards

  • Without Fed Emergency Lending, 2008 Crisis Outcomes Would Have Been 'Far Worse'

  • Important for Students to Understand Fed's Unconventional Monetary Policies

  • Women Hugely Underrepresented in Economics Jobs, College Majors, PhD Programs


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