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Jan 26, 2024
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janet yellen. [applause] sec.ellen: good afternoon and thank you for that lovely introduction and thank you for a warm welcome. i would like to acknowled austin goolsby. [applause] sec. yellen: clerk anna valencia. [applause] sec. yellen: the sheriff. [applause] sec. yellen: illinois state comptroller susanna menza. [applause] sec. yellen: secretary of state lexi gianulias and state michael barrett. sec. yellen: i am honored to be here at the economic club of chicago to talk about the middle class in america. from the pandemic to the recovery to what's ahead. it's a fitting story to tell in chicago. like many american cities, chicago was bui bmiddle-class te industrialization and innovation. chicago and its middle-class residents have also faced challenges for decades. the story ofhe middle class is not separate from the state of the economy. it is at the heart of it. by middle-class, i don't mean a narrow or fixed group. i mean workers in industries and occupations from firefighters, nurses to factory workers. am
janet yellen. [applause] sec.ellen: good afternoon and thank you for that lovely introduction and thank you for a warm welcome. i would like to acknowled austin goolsby. [applause] sec. yellen: clerk anna valencia. [applause] sec. yellen: the sheriff. [applause] sec. yellen: illinois state comptroller susanna menza. [applause] sec. yellen: secretary of state lexi gianulias and state michael barrett. sec. yellen: i am honored to be here at the economic club of chicago to talk about the middle...
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Jan 25, 2024
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that is something that this administration, janet yellen in the president have to address. and bianna, as you know, when people think about the economy that's what they're thinking about. they're thinking about housing and childcare, and the price of gasoline. they're not thinking about gdp. >> purchasing power, and the choices they're making. >> absolutely, yeah. and the price of groceries as well. catherine, quickly to you. do we anticipate that the issue of the of fort ability -- may start to go back down? >> it is very unlikely that overall price levels are going to come back down. you'll see something go up a little bit, some things will go down a little bit because of supply issues, for example if you of a bird flu that causes egg prices to go up and then they'll go back down, but the overall price level throughout economic history generally trends upwards and that's what economists want in fact. they don't want to see overall prices going down, which is not super intuitive to the usual consumer, to the standard person. so i think part of the reason why you see so muc
that is something that this administration, janet yellen in the president have to address. and bianna, as you know, when people think about the economy that's what they're thinking about. they're thinking about housing and childcare, and the price of gasoline. they're not thinking about gdp. >> purchasing power, and the choices they're making. >> absolutely, yeah. and the price of groceries as well. catherine, quickly to you. do we anticipate that the issue of the of fort ability --...
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Jan 25, 2024
01/24
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today by united states secretary of treasury, janet yellen. [applause] >> [applause] >> nearly 50 years in academia public service, janet yellen was sworn in as a 78 secretary of the state of the united states in january of 2021. woman in this role. [cheering and applause] she is also the first person in american history to have led the white house council of economic advisors, federal reserve and the treasury department. [applause] her parents and elementary school teacher and family physician raised janet and her older brother john. she graduated summa cum laude and phi beta kappa with a bachelors in brown university and earned her masters and phd in economics from yale. she was an assistant professor at harvard and then began working at the federal reserve board in 1977. she had taught economics and is now a professor at the university of california at berkeley and fellow at the brookings institution. president obama appointed her vice chair of the federal reserve before nominating her to succeed the top nation central banker. secretary ell
today by united states secretary of treasury, janet yellen. [applause] >> [applause] >> nearly 50 years in academia public service, janet yellen was sworn in as a 78 secretary of the state of the united states in january of 2021. woman in this role. [cheering and applause] she is also the first person in american history to have led the white house council of economic advisors, federal reserve and the treasury department. [applause] her parents and elementary school teacher and...
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Jan 26, 2024
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secretary of the treasury janet yellen just said today, and i quote, "the story of the middle class isot separate from the state of the economy. it is at the heart of it." workers from firefighters to nurses to factory workers -- that's middle-class. at least that's where i come from. that is what is it's all about. it shows that we can get big things done in america if we start beeving in ourselves again. our infrastructuresed to be the best in the world, but over a period of time, we stopped investing in america. we stopped investing in ourselves. we are now ranked the 13th best infrastructure in the world. united states of america, number 13 in the world. how in god's name can we have the strongest economy in the world if we don't have the strongest and best infrastructure in the world? this is not possible. so we are determined to turn that around and we are determined to turn it around in a big way. [applause] that is actually what we are doing. three years ago, i came to wisconsin to almost this very spot to talk the bipartisan infrastructure long that i signed with the support o
secretary of the treasury janet yellen just said today, and i quote, "the story of the middle class isot separate from the state of the economy. it is at the heart of it." workers from firefighters to nurses to factory workers -- that's middle-class. at least that's where i come from. that is what is it's all about. it shows that we can get big things done in america if we start beeving in ourselves again. our infrastructuresed to be the best in the world, but over a period of time,...
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Jan 26, 2024
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yellen touting the growing economy but no reason right now why there would be a recession. there's no obvious reason why there would be the strong growth, driven largely by consumer spending, accounting for roughly two thirds of us economic activity. >> but recent polls consistently showing voters worried about the state of the us economy. an abc news ipsos poll released earlier this month showing just 27% of americans say they believe the american dream is attainable for them. >> there are parts of the country that have really not seen much economic progress. they haven't seen good jobs created and some that existed have disappeared, feared in large swaths of the country. and that's something that has to change. >> no, president biden, hoping the strong numbers will alter voters largely pessimistic views about their finances. this election year, thanks to the american people, america now is the strongest growth, the lowest inflation rate of any major economy in the world. and there are some signs voters are finally agreeing. in a recent survey by the federal reserve bank o
yellen touting the growing economy but no reason right now why there would be a recession. there's no obvious reason why there would be the strong growth, driven largely by consumer spending, accounting for roughly two thirds of us economic activity. >> but recent polls consistently showing voters worried about the state of the us economy. an abc news ipsos poll released earlier this month showing just 27% of americans say they believe the american dream is attainable for them. >>...
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Jan 25, 2024
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treasury secretary janet yellen talks about the u.s. economy and the biden administration's oh policy agenda with the economic club of chicago. on c-span2 the senate returns at 10:00 a.m. eastern to consider judial nominations for the seventh rcuit of appeals and district crts in indiana and california. you could also watch these events on the free c spann n video app or online at c-span.org. watch c-span's 2024 campaign trail friday night at 7:00 eastern on c-span online at c-span.org or download as podcast on c-span now, free mobile app or wherever you get your podcast. c-span, your unfiltered view of politics. discover the heart beat of democracy with c-span voices 2024 as we engage voters nationwide asking what issue is most important to you in this election and why. >> the issues that need to be addressed in this election is the economy and make sure that the american people can afford a good american dream life. additionally, we need to the address the abortion laws that all life is precious. >> immigration is my number one issue
treasury secretary janet yellen talks about the u.s. economy and the biden administration's oh policy agenda with the economic club of chicago. on c-span2 the senate returns at 10:00 a.m. eastern to consider judial nominations for the seventh rcuit of appeals and district crts in indiana and california. you could also watch these events on the free c spann n video app or online at c-span.org. watch c-span's 2024 campaign trail friday night at 7:00 eastern on c-span online at c-span.org or...
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Jan 5, 2024
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joining me now is treasury secretary janet yellen and mad dam secretary, thank you for joining us. we keep saying beating expectations, and beating expectations, and why are people continuing to underestimate the economy? >> well, there has been a lot of pessimism about the economy that's really proven unwarranted. a year ago most of the forecasters thought that we would fall into a recession. obviously, that has not happened. we have a good strong labor market. today's news as you mentioned showed that the unemployment rate remains low, and we added 216,000 jobs. and now, the pace of job creation over the last three months averaging 165, and that is down from a year ago when the economy was still recovering from the pandemic. it is something that's expected and desirable and consistent with an economy that has now recovered and transitioned to stable and steady growth. so, the labor market continues to fire on all cylinders, and the reports this week are a low level of initial claims for unemployment insurance, job openings remaining at healthy levels. importantly, inflation has c
joining me now is treasury secretary janet yellen and mad dam secretary, thank you for joining us. we keep saying beating expectations, and beating expectations, and why are people continuing to underestimate the economy? >> well, there has been a lot of pessimism about the economy that's really proven unwarranted. a year ago most of the forecasters thought that we would fall into a recession. obviously, that has not happened. we have a good strong labor market. today's news as you...
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Jan 25, 2024
01/24
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janet yellen will travel today with the goal of showing voters that president biden's policies are workingn downbeat on the economy for months the biden administration needs america to realize that needs to change >> what does janet yellen need to talk about in chicago today >> she wants to make a two-pronged pitch to voters. voters say we understand that price growth has been high and that has hit families. they want to do more part of that is elect us for a second tefrm we have more work to do. they want to celebrate the wins they had surprise that's the pitch she will make. >> if you look at the potus xaccount how does that different from how they have been doing >> we heard this before. i think what we have not seen from the administration before is really a concerted push to combat the economic pessimism in the economy. you know, this is almost an implicit acknowledgment there is negativity out there they have more work to do. they will draw parallels with the trump administration and what was done then and talk about this moving forward. >> we had a guest on a couple of days ago talk
janet yellen will travel today with the goal of showing voters that president biden's policies are workingn downbeat on the economy for months the biden administration needs america to realize that needs to change >> what does janet yellen need to talk about in chicago today >> she wants to make a two-pronged pitch to voters. voters say we understand that price growth has been high and that has hit families. they want to do more part of that is elect us for a second tefrm we have...
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Jan 24, 2024
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treasury secretary, janet yellen is aaaware of. >> she is.g a major speech tomorrow in chicago. excerpts of the speech shared with cnn shows yellen will focus in part on how the administration wants to lift up middle-class families who are dealing with real-world financial problems right now. key line from the speech, yellen's going to say, i'm quoting, it is still too hard to be a working parent. we need to get american families access to affordable childcare and other support for their children. now on that point about childcare, care.com has a study out that shows that parents spend on average 24% of their household income on childcare. 24%. and almost half the parents who responded to the survey say they're spending more than $18,000 a year, again, just on childcare. yellen plans to talk about other areas that they can focus on to help the middle class including housing, education, and she's going to note that the expanded child tax credit, which went away, plunged millions of children back into poverty. now all this i think shows how bid
treasury secretary, janet yellen is aaaware of. >> she is.g a major speech tomorrow in chicago. excerpts of the speech shared with cnn shows yellen will focus in part on how the administration wants to lift up middle-class families who are dealing with real-world financial problems right now. key line from the speech, yellen's going to say, i'm quoting, it is still too hard to be a working parent. we need to get american families access to affordable childcare and other support for their...
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Jan 25, 2024
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treasury secretary janet yellen is going to deliver a major speech today, really focused on what thisdministration will do to help middle class families with the high cost of living, child care. our matt egan has reporting on that and he joins us this morning. they've got to change the narrative, matt, on biden cometbidenomics and people feeling it. >> janet yellen and the white house, they want to take credit for the economic comeback from covid. they are being very careful not to declare mission accomplished. that makes sense to me. when you look at the economic indicators, there no doubt bright spots, low unemployment, 40 401(k)s are up. people are feeling better about the economy. they're going to come off as tone deaf if they focus on the positives. there is an affordability crisis. in the major speech by yellen, she's going to flat out say, quote, it is still too hard to be a working parent. she's going to focus on child care, housing, education and note that millions of children were plunged back into poverty when the expanded child tax credit went away. the message from yellen
treasury secretary janet yellen is going to deliver a major speech today, really focused on what thisdministration will do to help middle class families with the high cost of living, child care. our matt egan has reporting on that and he joins us this morning. they've got to change the narrative, matt, on biden cometbidenomics and people feeling it. >> janet yellen and the white house, they want to take credit for the economic comeback from covid. they are being very careful not to...
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Jan 22, 2024
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janet yellen plans to tap biden's economic record and take a shot at trump's academy.tting get to the bottom of this who had the better economy trump or biden, anthony chan answers that next. ♪ you know, when i take the bike out like this, all my stresses just melt away. i hear that. this bad boy can fix anything. yep, tough day at work, nice cruise will sort you right out. when i'm riding, i'm not even thinking about my painful cavity. well, you shouldn't ignore that. and every time i get stressed about having to pay my bills, i just hop on the bike, man. oh, come on, man, you got to pay your bills. you don't have to worry about anything when you're protected by america's number-one motorcycle insurer. well, you definitely do. those things aren't related, so... ah, yee! oh, that is a vibrating pain. ♪ (upbeat music) ♪ ( ♪ ) ( ♪ ) ( ♪ ) -awww. -awww. -awww. -nope. ( ♪ ) constant contact delivers the marketing tools your small business needs to keep up, excel, and grow. constant contact. helping the small stand tall. stuart: take a look at microsoft, betta and nvidia th
janet yellen plans to tap biden's economic record and take a shot at trump's academy.tting get to the bottom of this who had the better economy trump or biden, anthony chan answers that next. ♪ you know, when i take the bike out like this, all my stresses just melt away. i hear that. this bad boy can fix anything. yep, tough day at work, nice cruise will sort you right out. when i'm riding, i'm not even thinking about my painful cavity. well, you shouldn't ignore that. and every time i get...
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Jan 25, 2024
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., treasury secretary janet yellen talks about the economy wit the economic club in chicago. and senate returns at 10 a.m. for nominations. and you can watch now on the free c-span video app or online at c-span.org. >> if you ever miss any of c-span's coverage you can find it anytime online at c-span.org, videos of key hearings, debates and other events feature markers that guide you to interesting and news worthy highlights. these points of interest markers appear on the right-hand side of your screen when you hit play on select videos. this timeline tool makes it easy to quickly get an idea what was debated and decided in washington. scroll through and spend a few minutes on c-span's points of interest. >> discover the heartbeat of democracy with c-span's voices 2024 as we engage voters nationwide asking what issue is most important to you in this election and why. >> the two issues that need to be addressed during this election is the economy, make sure american people can afford a good american dream life. additionally, we need to address the abortion laws because all lif
., treasury secretary janet yellen talks about the economy wit the economic club in chicago. and senate returns at 10 a.m. for nominations. and you can watch now on the free c-span video app or online at c-span.org. >> if you ever miss any of c-span's coverage you can find it anytime online at c-span.org, videos of key hearings, debates and other events feature markers that guide you to interesting and news worthy highlights. these points of interest markers appear on the right-hand side...
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Jan 26, 2024
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today president biden and treasury secretary janet yellen made it clear, they see economic growth as that this administration's vision has put the country on the right track. >> the experts from the time i got elected are insisting a recession was just around the corner, every month there was going to be a recession. well, you know, we have really strong growth. this is, here's some of the morning's headlines in the wall street journal. quote, u.s. shatters expectations. second headline, the u.s. economy boomed in 2023. third, u.s. economy grows a shocking pace. i love that, shocking pace. >> our country's infrastructure has been deteriorating for decades. in the trump administration, the idea of doing anything to fix it was a punchline. but this administration has delivered. >> as for donald trump, he was back in court after his win in the new hampshire primary. today he testified for less than five minutes in the e. jean carroll defamation case. the judge barred him from saying much, but under questioning trump called carroll's rape accusation falls. when asked if he intended to hu
today president biden and treasury secretary janet yellen made it clear, they see economic growth as that this administration's vision has put the country on the right track. >> the experts from the time i got elected are insisting a recession was just around the corner, every month there was going to be a recession. well, you know, we have really strong growth. this is, here's some of the morning's headlines in the wall street journal. quote, u.s. shatters expectations. second headline,...
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Jan 5, 2024
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thank you also for helping me prepare for my interview with janet yellen next hour, rahel sent me questionsvernight for that. as always, thank you. >> joining me now financial times associate editor and global business columnist ronna forar. thank you for being here in-person. this is nice. >> exactly. >> we just heard this report, better than expected. do you think this is going -- a trend that's going to continue? >> so i think looking for trends in 2024 is going to be really hard. >> fraught. >> yes, if i have one word for this year it's volatility. right? i was saying that i thought jay powell the fed chair got a little ahead of its skis saying we're going to get three rate cuts, the market has really rallied. there is a lot going on in the economy right now and in the world. you know, you've still got two hot wars, you've got big changes afoot in labor markets, you have technology like ai coming on board. so it's really, really tough to predict. what's interesting to me is main street and wall street don't want the same thing, right? >> it drives me nuts. i have to tell you, it literal
thank you also for helping me prepare for my interview with janet yellen next hour, rahel sent me questionsvernight for that. as always, thank you. >> joining me now financial times associate editor and global business columnist ronna forar. thank you for being here in-person. this is nice. >> exactly. >> we just heard this report, better than expected. do you think this is going -- a trend that's going to continue? >> so i think looking for trends in 2024 is going to be...
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Jan 9, 2024
01/24
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or could it be janet yellen and what she will do?of corporate issuance. in addition, when you look at the issuance plan, they really ramped up portion of the bill issuance. i think that does little bit of a limit to the supply concern. i doubt we are going to get a big increase. it will be more about bills on the front and. -- end. more concerned about cta positioning. jonathan: we're always talking about that moment of reckoning. michael is brilliant and wrote about the boiling of the fraud between now and 2030. he talks about the projections that by 2030, all federal government revenues see an intro -- will see an interest on the federal debt. >> those comments have been part of markets for as long as i have been involved in them. i do not have any detailed opinion on that day of reckoning . i'm not even confident that it does arrive. but high levels of nominal gdp growth through something like a big boost in productivity -- i'm talking 50 basis points higher inflation. both of those things would do a great deal to reducing the siz
or could it be janet yellen and what she will do?of corporate issuance. in addition, when you look at the issuance plan, they really ramped up portion of the bill issuance. i think that does little bit of a limit to the supply concern. i doubt we are going to get a big increase. it will be more about bills on the front and. -- end. more concerned about cta positioning. jonathan: we're always talking about that moment of reckoning. michael is brilliant and wrote about the boiling of the fraud...
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Jan 4, 2024
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next, treasury secretary janet yellen gives remarks about nation and the economy. secretary yellen also discusses relations with china, interest rates, fiscal policy, and what she describes as a soft landing for the economy. the conversation took place during the wall street journal ceo summit. >> let's start with the let's se inflation report that just came out. inflation has been much better behaved in the second half of the year. headline inflation is down to 3.1%. for prices rose last month of 0.3% from october, a 3.5% annualized rate. is inflation to vanquish? >> it meaningfully coming down, and i see no reason on the path we are current me on why inflation should not gradually declined to levels that are consistent with the fed's mandate and target, so supply chain issues that resulted from the pandemic and mismatches in disruption and labor markets both seem to be healing. as that happens, inflation moves down. the labor market, well it remains strong, we have had 22 months now with the below 4% inflation, which is quite a phenomenon. we have not seen that i
next, treasury secretary janet yellen gives remarks about nation and the economy. secretary yellen also discusses relations with china, interest rates, fiscal policy, and what she describes as a soft landing for the economy. the conversation took place during the wall street journal ceo summit. >> let's start with the let's se inflation report that just came out. inflation has been much better behaved in the second half of the year. headline inflation is down to 3.1%. for prices rose last...
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Jan 26, 2024
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despite that, janet yellen says the costs are a pain point for working persons. she highlighted the biden economic policy. she addressed the difficulties parents face with the rising cost of childcare and historically unaffordable housing market. >> it's still to hard to be a working parent. >> there's a lot that we should be doing to make it easier, both to work and to raise children, and to make it more worthwhile to work. >> despite the comments, yellen said the biden administration is squarely focused on lifting up the middle class. >>> now to recent mass layoffs with ripples of uncertainty through what many consider the tech capital of the world. this week, ebay announced they would cut 1,000 jobs. the software company s.a.p. eliminating 1,000 jobs in addition to the other cuts this year. from google to instagram to twitch to youtube, just to name a few. a lot of them are left wondering what to do, and some are not eager to reenter the tech field. we caught up with a san francisco woman who was laid off by a tech company in 2022. nancy correia lost her job a
despite that, janet yellen says the costs are a pain point for working persons. she highlighted the biden economic policy. she addressed the difficulties parents face with the rising cost of childcare and historically unaffordable housing market. >> it's still to hard to be a working parent. >> there's a lot that we should be doing to make it easier, both to work and to raise children, and to make it more worthwhile to work. >> despite the comments, yellen said the biden...
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Jan 26, 2024
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we heard janet yellen talking about the potential of prolonging tax cuts.e you that getting additional dollars will just feel another round of inflation. wally: the important thing we should look at is one of the biggest drivers of inflationary pressures was on the supply side. you have seen a huge decrease in supply chains challenges. just look in terms of the one dollar 90 -- 1.90 drop in gas prices. we will not increase the taxes of the middle classes but tried to provide relief for families but to modestly increase taxes on the wealthy and corporations. because we need to make sure we have a fiscally sustainable outlook which is different than the last administration. annmarie: you just got back from japan. we have the prime minister of japan joining the u.s. for estate dinner in april, but we get a decision soon? wally: we don't talk about deals that exist. but what i can say there is a process set up to look at national security risks and we support for an investment but are mindful of the national security risk that direct investment presents. one of
we heard janet yellen talking about the potential of prolonging tax cuts.e you that getting additional dollars will just feel another round of inflation. wally: the important thing we should look at is one of the biggest drivers of inflationary pressures was on the supply side. you have seen a huge decrease in supply chains challenges. just look in terms of the one dollar 90 -- 1.90 drop in gas prices. we will not increase the taxes of the middle classes but tried to provide relief for families...
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Jan 5, 2024
01/24
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treasury secretary janet yellen make comments after the jobs report saying a soft landing is here. she did caveat methane, we will see what happens the rest of the year. do you agree much of the hard work, the slow down, has already happened? what is your base case for 20 24? tiffany: we have been calling our base case a soft-ish landing. ultimately, we think if you do get any sort of mild recession or economic stagnation, it will be not comparable to the 2008 recessionary experience or slowing experience, or even, a pandemic experience. ultimately, the unemployment rate, we don't it -- expect it to rise in that manner either. overall, we think next year will feel different from this year. we expect growth to stagnate. i think the things that drove the outperformance and resilience in the u.s. economy this year, including fiscal policy that was still sloshing around the economy, the excess real savings balance is, those types of things are normalizing. when those things normalize, we are still ultimately left with tight monetary policy, even though financial conditions have eased s
treasury secretary janet yellen make comments after the jobs report saying a soft landing is here. she did caveat methane, we will see what happens the rest of the year. do you agree much of the hard work, the slow down, has already happened? what is your base case for 20 24? tiffany: we have been calling our base case a soft-ish landing. ultimately, we think if you do get any sort of mild recession or economic stagnation, it will be not comparable to the 2008 recessionary experience or slowing...
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Jan 26, 2024
01/24
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yellen from the white has economic adviser have been on the road with the message that the road with message that the president's strategies to help the middle class is working. on wednesday, the president picked up a major endorsement from the united auto workers.— endorsement from the united auto workers. donald trump is a scab. auto workers. donald trump is a scab- here's _ auto workers. donald trump is a scab. here's the _ auto workers. donald trump is a scab. here's the thing. - auto workers. donald trump is a scab. here's the thing. with - scab. here's the thing. with trump trouncing _ scab. here's the thing. with trump trouncing biden - scab. here's the thing. with trump trouncing biden with | trump trouncing biden with pulling in the economy at the end of last year, the white house history to change the narrative. pouncing on the latest gdp data to help it make its case. overnight oil prices havejumped to their highest levels this year. as you can see they're up about 3% as tensions in the red sea continue to disrupt global trade. financial services group allianz has forecast
yellen from the white has economic adviser have been on the road with the message that the road with message that the president's strategies to help the middle class is working. on wednesday, the president picked up a major endorsement from the united auto workers.— endorsement from the united auto workers. donald trump is a scab. auto workers. donald trump is a scab- here's _ auto workers. donald trump is a scab. here's the _ auto workers. donald trump is a scab. here's the thing. - auto...
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Jan 26, 2024
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and in a new exclusive interview with abc news, treasury secretary janet yellen says she believes 2024ll be a good year for the nation's economy. abc news reporter jay o'brien has the details. >> reporter this morning the us economy shattering expected nations new numbers from the commerce department showing the nation's gross domestic product grew at a blistering 3.3% pace from october through december of last year. rapid growth quelling economists fears of a recession. we have an economy that has been growing at a good, healthy pace. >> i see no reason why that can't continue to. i think 2024 is going to be a very good economic year. >> in an exclusive interview with abc news's elizabeth schulze, treasury secretary janet yellen touting the growing economy but no reason right now why there would be a recession this year. >> there's no obvious reason why there would be the strong growth driven largely by consumer spending, accounting for roughly two thirds of us economic activity. >> but recent polls consistently showing voters worried about the state of the us economy. an abc news ips
and in a new exclusive interview with abc news, treasury secretary janet yellen says she believes 2024ll be a good year for the nation's economy. abc news reporter jay o'brien has the details. >> reporter this morning the us economy shattering expected nations new numbers from the commerce department showing the nation's gross domestic product grew at a blistering 3.3% pace from october through december of last year. rapid growth quelling economists fears of a recession. we have an...
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Jan 4, 2024
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next, treasury secretary janet yellen gives remarks about nation and the economy.ecretary yellen also discusses relations with china, interest rates, fiscal policy, and what she describes as a soft landing for the economy. the conversation took place during the wall street journal ceo summit. >> let's start with the let's se inflation report that just came out.
next, treasury secretary janet yellen gives remarks about nation and the economy.ecretary yellen also discusses relations with china, interest rates, fiscal policy, and what she describes as a soft landing for the economy. the conversation took place during the wall street journal ceo summit. >> let's start with the let's se inflation report that just came out.
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Jan 26, 2024
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yellen. yellen sitting down with abc for an exclusive interview. >> but no reason right now why there would be a recession. there's no obvious reason why there would be. >> president biden touting the report, praising americans for an economy that's exceeding expectations thanks to the american people, america now is the strongest growth, the lowest inflation rate of any major economy in the world. as biden gears up for the election, he's been stressing how positive americans are feeling about the economy and crediting his policies for this strong growth. with the economy expected to be a key issue for voters in november. reena roy abc news, new york. >> well, these latest numbers do paint a rosy picture of the american economy, but why does it not feel so rosy for so many people? where is the reality between heyday statistics and a doomsday outlook? joining us live now to discuss this is stanford economics professor neil mahoney. and i should mention that professor mahoney, you also just fin
yellen. yellen sitting down with abc for an exclusive interview. >> but no reason right now why there would be a recession. there's no obvious reason why there would be. >> president biden touting the report, praising americans for an economy that's exceeding expectations thanks to the american people, america now is the strongest growth, the lowest inflation rate of any major economy in the world. as biden gears up for the election, he's been stressing how positive americans are...
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Jan 25, 2024
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you can also watch using c-span now or online at c-span.org. >> treasury secretary janet yellen tked about the u.s. economy and the biden administration policy at the economic club of chicago. watch live at 2:00 p.m. eastern on-span, our free mobile app, c-span now, or online at c-span.org. >> friday night, watching c-span's 2024 campaign trail, a roundup of c-span'sampaign coverage, to discuss where the candidates are traveling across the country and what they are saying t voters. this with first-hand accounts of political reporters, fitted poll numbers, and campaign ads. watch c-span's 2024 campaign trail on c-span come online as c-span.org, or download as a podcast on c-span now or wherever you get your podcasts. c-span, your unfiltered view of politics. >> for c-span's voice is 2024, we are asking voters what issue is most important to you in this election and why. >> my most important political issue is immigration. >> economics. >> homelessness is an issue that needs to be addressed. >> we invite you to share your voice by going to our website, c-span.org/campaign2024 and recor
you can also watch using c-span now or online at c-span.org. >> treasury secretary janet yellen tked about the u.s. economy and the biden administration policy at the economic club of chicago. watch live at 2:00 p.m. eastern on-span, our free mobile app, c-span now, or online at c-span.org. >> friday night, watching c-span's 2024 campaign trail, a roundup of c-span'sampaign coverage, to discuss where the candidates are traveling across the country and what they are saying t voters....
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Jan 25, 2024
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. >> treasury secretary janet yellen discusses the u.s.nomy and the biden administration's policies at the economic love of chicago. watch live at 1:30 p.m. eastern on c-span. c-span n, our video app, or online at c-span.org. >> for c-spane are asking voters across the country, what issue is most important to you in the selection and why? >> the most important issue this political season is immigration. >> economics. >> i think that homelessness is an issue that needs to be addressed. >> we invite you to share your voice byoing to c-span.org /campaign2024, click the record your voice video and record a 32nd video telling us what it is and why. be part of the conversation. >> c-spanshop.org is c-span's online store. brow our apparel, books, home -- home decor. shop now or anytime at c-span sho >> a healthy demracy doesn't just look like this. it looks like this, where americans can see democracy at work, where citizens are truly informed■ our republic thrives. get informed straight from the source on c-span. unfiltered, unbiased, word for w
. >> treasury secretary janet yellen discusses the u.s.nomy and the biden administration's policies at the economic love of chicago. watch live at 1:30 p.m. eastern on c-span. c-span n, our video app, or online at c-span.org. >> for c-spane are asking voters across the country, what issue is most important to you in the selection and why? >> the most important issue this political season is immigration. >> economics. >> i think that homelessness is an issue that...
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Jan 25, 2024
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janet yellen talks abouthe u.s. economy and the biden administration agenda. c-span 2, the senate returns to consider judicial nominations for the court of appeals. you can watch these events on the c-span now video app or online at c-span.org. ♪ >> friday night watch c-span's 2024 campaign trail, a roundup of campaign coverage providing a one stop shop to discover where candidates are traveling. along with first-hand accounts from reporters,
janet yellen talks abouthe u.s. economy and the biden administration agenda. c-span 2, the senate returns to consider judicial nominations for the court of appeals. you can watch these events on the c-span now video app or online at c-span.org. ♪ >> friday night watch c-span's 2024 campaign trail, a roundup of campaign coverage providing a one stop shop to discover where candidates are traveling. along with first-hand accounts from reporters,
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Jan 25, 2024
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treasury secretary janet yellen talks out the us economy in the biden administration's policy agendae economic club of chicago and on bley -- dirksen senate office building this and returned at 10 a.m. eastern am easrn to consider judicial nominations for the seventh circuit court of appeals and district cour in indiana and california. you can watch these events on the free c-span now video apps or online, c-span.org. >> discover the heartbeat of democracy with c-span's voices 2,024 as we engage voters nationwide asking what issue is most important to you in this election and why. >> i represent minnesota's third district in congress, candidate for president of the united states running in the democratic primary. the most important issue on my plate is winning the november election and defeating donald trump. most important policy every democrat, independent and never trump republican should be focused on. other than that i'm hearing costs and chaos being unaddressed time for a new generation to take the torch and bring us to a bright future. >> i'm running for president because our
treasury secretary janet yellen talks out the us economy in the biden administration's policy agendae economic club of chicago and on bley -- dirksen senate office building this and returned at 10 a.m. eastern am easrn to consider judicial nominations for the seventh circuit court of appeals and district cour in indiana and california. you can watch these events on the free c-span now video apps or online, c-span.org. >> discover the heartbeat of democracy with c-span's voices 2,024 as we...
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Jan 26, 2024
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and all this weekjoe biden�*s sara droughts, janet yellen and others have been on the road to see thisdle class is working —— surrogates. would fairly, this has been the strongest on record. this is across demographic groups. such is the rapid decline in unemployment rates for black and hispanic americans. there are gains across the country as well. biden is notjust about a post— pandemic rebound and demand, we have also focused on an snarling supply chains and bringing more americans into the labourforce, which the labour force, which increases the labourforce, which increases supply. we are now doubling down on that strategy with massive announcements to position middle—class families to benefit from and to drive our economy's growth. find to benefit from and to drive our economy's growth. and on wednesday — our economy's growth. and on wednesday the _ our economy's growth. and on wednesday the present - our economy's growth. and on wednesday the present picked our economy's growth. and on i wednesday the present picked up a major endorsement from the united auto workers.- united auto
and all this weekjoe biden�*s sara droughts, janet yellen and others have been on the road to see thisdle class is working —— surrogates. would fairly, this has been the strongest on record. this is across demographic groups. such is the rapid decline in unemployment rates for black and hispanic americans. there are gains across the country as well. biden is notjust about a post— pandemic rebound and demand, we have also focused on an snarling supply chains and bringing more americans...
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Jan 2, 2024
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the president doesn't have the spine to fire janet yellen and powell. it is manifesting in higher interest rates, people can't start businesses, can't buy new homes despite bad college choices garnering hundreds of thousandings in student debt. >> patrick: i agree, white, black or brown, doesn't matter. pocketbook issues matter. i funded 60 businesses and people are being entrepreneurial. >> harris: so you are in the 12% that will get your debt paid, but you funded 60 businesses. he will get this this time. >> federal government owes you some student loan forgiveness because you served this country and that is something we have to refocus on and look upon when we talk about cities being -- >> harris: lead with that next time. coming up, we're awaiting donald trump's legal team to file challenges to ballot decisions in maine and colorado and could come as early as today. even key obama strategist is warning democrats back off that fight. stay close. (ella) fashion moves fast. (jen) so we partner with verizon to take our operations to the next level. (mar
the president doesn't have the spine to fire janet yellen and powell. it is manifesting in higher interest rates, people can't start businesses, can't buy new homes despite bad college choices garnering hundreds of thousandings in student debt. >> patrick: i agree, white, black or brown, doesn't matter. pocketbook issues matter. i funded 60 businesses and people are being entrepreneurial. >> harris: so you are in the 12% that will get your debt paid, but you funded 60 businesses. he...
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Jan 28, 2024
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ian janet yellen and gina raimondo have had constructive trips to china. since the biden/xi summit, chinese military planes seem to have stopped their dangerous maneuvers. over the prior two years there have been nearly 300 such incidents against u.s. aircraft and partners. and the taiwan elections while going against china's hopes were handled maturely by both sides. this is all to the good. the mistrust, miscommunication, and lack of contact that characterized the relationship for the first two years of the biden administration was dangerous. this rivalry could easily spiral into an unconstrained arms race in everything from artificial intelligence to space weapons, splinter the global economy, and descend into the first great power war since 1945. both sides have adjusted their attitudes but the largest shift has come from beijing. xi jinping came to wake in the wake of the global crisis convinced the u.s. was waning. he has said the east is rising and the west is declining. he wanted china to lessen its economic dependence on the u.s. and make the tech
ian janet yellen and gina raimondo have had constructive trips to china. since the biden/xi summit, chinese military planes seem to have stopped their dangerous maneuvers. over the prior two years there have been nearly 300 such incidents against u.s. aircraft and partners. and the taiwan elections while going against china's hopes were handled maturely by both sides. this is all to the good. the mistrust, miscommunication, and lack of contact that characterized the relationship for the first...
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Jan 29, 2024
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and certainly that's to be preferred from high inflation and i think janet yellen was saying there'sback. if your grocery bill is a huge burden on you right now, didn't used to be, sorry. it's just not going to change. as far as the president is concerned, he does this thing at all of his appearances and he really appears slow and physically frail, and i think what that means is the democratic party is really one health scare away from needing a new presidential candidate and that's not an easy thing to do with a sitting democratic president. elizabeth: byron, we've talked to economists and the federal reserve out of chicago and san francisco reporting this too. when you throw trillions of dollars into -- and hot money into an economy that's struggling and reeling after the pandemic lockdodowns and x-ray blanket, smothering pillow and a smothering pillow of regulations on that economy and you're going to get inflation and not going to have manufacturing and the good side of the business ramping up to mop all that out. so hawkeyes to what you're saying about biden's frailty, senator j
and certainly that's to be preferred from high inflation and i think janet yellen was saying there'sback. if your grocery bill is a huge burden on you right now, didn't used to be, sorry. it's just not going to change. as far as the president is concerned, he does this thing at all of his appearances and he really appears slow and physically frail, and i think what that means is the democratic party is really one health scare away from needing a new presidential candidate and that's not an easy...
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Jan 28, 2024
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Jan 25, 2024
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. >> and janet yellen, they think they're in the soft landing and we're 15 minutes archway from the openingmarket. >> they pop a little bit and they were flat before and they popped a little bit and last i checked. >> rahel solomon, thank you very much. kate? >> right now we are keeping an eye on the michigan courtroom. the mother of a school shooter is on trial. the question is could she be held criminally responsible for what her son did, the heinous crimes he committed and what happens there could be a first. >> also a death row inmate in alabama just asked the supreme court again to halt his execution and set to happen in hours. this would be the first known execution using nitrogen gas and there's a whole lot of c controversy around this. nikki haily is telling donald trump to bring it. her plan for her home state, south carolina's and donald trump's threat to republicans. you donate to nikki haley. you're out. we'll be back. >>> opening statements have just begun where the mother of the high school shooter has begun. jennifer crumbley and her husband are the first ever to be put on tr
. >> and janet yellen, they think they're in the soft landing and we're 15 minutes archway from the openingmarket. >> they pop a little bit and they were flat before and they popped a little bit and last i checked. >> rahel solomon, thank you very much. kate? >> right now we are keeping an eye on the michigan courtroom. the mother of a school shooter is on trial. the question is could she be held criminally responsible for what her son did, the heinous crimes he...
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Jan 25, 2024
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treasury secretary janet yellen also hitting the road, set to give remarks in chicago.his all happens as we have the very latest read on the economy just this morning. the commerce department reporting gdp in the final months of 2023 came in strong. it's the broadest read of the state of the u.s. economy, and it is showing the economy grew at a shockingly good rate. joining us now to talk more about this is the director of the national economic council, president biden's top economic aide. thank you so much for coming in. i saw it described as the economy is growing at a shocking pace in the fourth quarter. now that we rounded out the economic data from 2023, can you give the one-liner of how you describe the economy in 2023? >> yeah. the economy grew by over 3%. inflation settled down to 2% over the course of 2023, at the time when the economy created 2.7 million jobs a year ago. it would have been hard to find any forecaster who would have said the economy would be this strong with inflation this low just a year out. that, i would say, is exactly what president biden
treasury secretary janet yellen also hitting the road, set to give remarks in chicago.his all happens as we have the very latest read on the economy just this morning. the commerce department reporting gdp in the final months of 2023 came in strong. it's the broadest read of the state of the u.s. economy, and it is showing the economy grew at a shockingly good rate. joining us now to talk more about this is the director of the national economic council, president biden's top economic aide....
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Jan 24, 2024
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janet yellen will give a big speech tomorrow. even if the numbers get better, it doesn't seem like the way they are talking about it is resonating or working with people. how do they change that in the next -- >> it's still january. we have a long time between now and november. if people feel better about the economy month after month after month, a little bit, it adds up. >> it's enough? >> it can add up. that would be a positive for biden. if this war winds down in gaza, so the young people aren't bombarded with images every 15 minutes, so they can look at other things to be concerned about, that begins to help joe biden. lastly, to anna's point, trump -- that act wears thin for most people fast. there is a world where it gets better. right now, neither nikki haley nor joe biden look strong enough to stop this runaway train. that's why people are concerned. >> thank you very much. it is only january. we have to do this a lot more over the next ten months. >> appreciate it. thank you very much. >>> president biden looking ahead
janet yellen will give a big speech tomorrow. even if the numbers get better, it doesn't seem like the way they are talking about it is resonating or working with people. how do they change that in the next -- >> it's still january. we have a long time between now and november. if people feel better about the economy month after month after month, a little bit, it adds up. >> it's enough? >> it can add up. that would be a positive for biden. if this war winds down in gaza, so...
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Jan 30, 2024
01/24
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it was nice to see janet yellen share in lieu of personality on this podcast. very different.l, apparently. let's see how chill about the story, elon musk announcing the first human patient has received a blaine impact -- implant from neural link to one day hope to allow people to control computers with their minds. the first human received an implant yesterday and is recovering well. initial results show promising neurons fight detection. last year they said they expect to perform 11 surgeries in 2024. thoughts? lisa: i don't think it sounds so good. this isn't necessarily going to be the future for our computer use anytime soon. this is sort of an experiment and kudos to him for thinking brightly. i personally would not have a neuralink in my head but people who are doing and have problems with their limbs. it is geared toward people who actually might get some real use. annmarie: for people who are paralyzed, this could be incredibly optimistic for their lives, but the fact that elon musk also talks about one day helping merge humans at artificial intelligence, that is when
it was nice to see janet yellen share in lieu of personality on this podcast. very different.l, apparently. let's see how chill about the story, elon musk announcing the first human patient has received a blaine impact -- implant from neural link to one day hope to allow people to control computers with their minds. the first human received an implant yesterday and is recovering well. initial results show promising neurons fight detection. last year they said they expect to perform 11 surgeries...
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Jan 25, 2024
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we will be covering that speech of treasury secretary janet yellen's.he will be talking about the biden administration's economic policy. it's hosted by the economic club of chicago. you can watch that live on c-span at 2:00 p.m. eastern and on c-span now, our free mobile video app and online at c-span.org,. jeff, indianapolis, indiana, good morning. caller: thank you for taking my call. as far as my economic situation, it is great. i'm doing great. i work for a major corporation here in indianapolis and, by the way, they make insulin. i will not give their name but we are one of the manufacturers across the world that does make insulin so we are glad to help people that have diabetes. as far as my canonic situation is concerned, i got a 12% raise last year -- as my economic situation is concerned, i got a 12% raise last year, and i can work as many hours as i want. my economic situation is great. i'm not complaining at all. this is what people have to understand about economics and i don't think people do understand economics because they don't underst
we will be covering that speech of treasury secretary janet yellen's.he will be talking about the biden administration's economic policy. it's hosted by the economic club of chicago. you can watch that live on c-span at 2:00 p.m. eastern and on c-span now, our free mobile video app and online at c-span.org,. jeff, indianapolis, indiana, good morning. caller: thank you for taking my call. as far as my economic situation, it is great. i'm doing great. i work for a major corporation here in...
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Jan 25, 2024
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janet yellen giving a speech in chicago, focusing on the middle class. this is after the president got an important endorsement from the united auto workers union. >> reporter: that's right, poppy, all of this goes to show that president biden is turning the page to the general election. as you mentioned, he's going to battleground wisconsin today, a state that he narrowly won in 2020, and it gives him another chance to needle former president donald trump over something he wasn't able to accomplish in office, which was an infrastructure bill. now, what the president will be doing in wisconsin is making the connection of what his legislative accomplishments have done for the voters in wisconsin. a fresh round of funding for a bridge that serves as a transit between wisconsin and minnesota. of course this comes on the heels of that key endorsement you're seeing there of the united auto workers union just yesterday. they had withheld endorsing president biden over his concerns over support of electric vehicles. they prvovided the crucial endorsement which
janet yellen giving a speech in chicago, focusing on the middle class. this is after the president got an important endorsement from the united auto workers union. >> reporter: that's right, poppy, all of this goes to show that president biden is turning the page to the general election. as you mentioned, he's going to battleground wisconsin today, a state that he narrowly won in 2020, and it gives him another chance to needle former president donald trump over something he wasn't able to...
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Jan 12, 2024
01/24
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see janet yellen on that one.ut all the subfreezing, subzero record temperatures we're talking about? that sounds like global freezing. i remember back in the 1970s and coming back to today's news, only headline i can find about that global warming and this hysterical supporter john kerry is how much money he and his global warming staff are being paid in the state department. $4 billion. for what?e out and say it. the immediate danger from global warming is a hoax. it's a left wing bidenesk hoax and green new deal and there may be climate change over the next hundred years, but like bjorn lomborg or physicist steve coonin, i'm willing to wait for economic growth and there's no immediate threat. in fact, there was a letter, 1600 scientists signed the letter, four noble prize winners, no immediate threat. yes, we have bouts of cold weather and bouts of hot weather. weepy weather reports are different than century-long climate change cycles. the american public by the way is in full revolt over this stuff. hat tippe
see janet yellen on that one.ut all the subfreezing, subzero record temperatures we're talking about? that sounds like global freezing. i remember back in the 1970s and coming back to today's news, only headline i can find about that global warming and this hysterical supporter john kerry is how much money he and his global warming staff are being paid in the state department. $4 billion. for what?e out and say it. the immediate danger from global warming is a hoax. it's a left wing bidenesk...
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Jan 18, 2024
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i know it's not a term that janet yellen we talk about, but it's one that -- but i know how i feel about this. i know how the average person goes to the grocery store, has a big bill and a small bag, and they obviously forgot the -- this store, it's a whole thing right now, the grocery stores. and we know our personal budgets. why is there such a disconnect between what the administration wants people to feel and believe about the strength of the economy, and how so many people ultimately are feeling personally, day in and day out? >> so, a couple of things. there's a lot to unpack. and i appreciate the question and the opportunity here. so, there is some data that we saw coming out of 2023 that actually showed -- you hear the word consumer confidence -- we saw consumer confidence, and it went up in a bag way that we had not seen in a long time in the month of december. >> did you expect that increase? >> here's the thing. the economy is actually very strong right now. i know the feel-onomics -- i think that's how you say it -- i get that. but unemployment is at a historic low. more than
i know it's not a term that janet yellen we talk about, but it's one that -- but i know how i feel about this. i know how the average person goes to the grocery store, has a big bill and a small bag, and they obviously forgot the -- this store, it's a whole thing right now, the grocery stores. and we know our personal budgets. why is there such a disconnect between what the administration wants people to feel and believe about the strength of the economy, and how so many people ultimately are...
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Jan 16, 2024
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remember, the current treasury secretary of the united states janet yellen has said she thanks as inflationes down, rate cuts should be part of the agenda. keep that in mind as we go live to davos, as we go to the finance minister of south africa. that conversation coming up next. this is bloomberg. ♪ when people come, they say they've tried lots of diets, nothing's worked or they've lost the same 10, 20, 50 pounds over and over again. they need a real solution. i've always fought with 5-10 pounds all the time. eating all these different things and nothing's ever working. i've done the diets, all the diets. before golo, i was barely eating but the weight wasn't going anywhere. the secret to losing weight and keeping it off is managing insulin and glucose. golo takes a systematic approach to eating that focuses on optimizing insulin levels. we tackle the cause of weight gain, not just the symptom. when you have good metabolic health, weight loss is easy. i always thought it would be so difficult to lose weight, but with golo, it wasn't. the weight just fell off. i have people come up to me a
remember, the current treasury secretary of the united states janet yellen has said she thanks as inflationes down, rate cuts should be part of the agenda. keep that in mind as we go live to davos, as we go to the finance minister of south africa. that conversation coming up next. this is bloomberg. ♪ when people come, they say they've tried lots of diets, nothing's worked or they've lost the same 10, 20, 50 pounds over and over again. they need a real solution. i've always fought with 5-10...
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Jan 29, 2024
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chris: we are focused on what janet yellen has to say about issuance. [laughter] lisa: thank you.ed on what powell has to say in the press release. it is always interesting. you can have some new information coming in the press room. jonathan: did you say yellen just to please bramo? [laughter] lisa: you don't think that is interesting? jonathan: it was not in my top three, but i agree. it is interesting. chris: it is what started the rally. she came in below expectations on november 1. the market was beginning to rally, but it was that, that helped settle down the bond market which helped rally. jonathan: good to see you. chris harvey of wells fargo. equities on the s&p 500 positive by .1%. here is your bloomberg brief. >> it is a key week ahead for the u.s. economy. the fed is expected to keep rates on hold on wednesday, but jay powell's press conference could offer clues as to when they will begin cutting rates later this year. that comes ahead of the january jobs report due out on friday. low cost carrier ryanair lowering profit guidance for the fiscal year, citing higher fuel
chris: we are focused on what janet yellen has to say about issuance. [laughter] lisa: thank you.ed on what powell has to say in the press release. it is always interesting. you can have some new information coming in the press room. jonathan: did you say yellen just to please bramo? [laughter] lisa: you don't think that is interesting? jonathan: it was not in my top three, but i agree. it is interesting. chris: it is what started the rally. she came in below expectations on november 1. the...
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Jan 5, 2024
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treasury secretary janet yellen highlighting that it's rare for jobs to stay robust while inflation is going down. >> we have 23 months in a row unemployment under 40%. haven't seen that in 50 years. >> so, the soft landing, did it happen? >> what we're seeing now, i think we can describe as a soft landing. and my hope is that it will continue. >> wall street, though, has been waffling a bit on how to react here, because it signals the fed could wait to drop interest rates with such high jobs numbers. joining us now, we have acting labor secretary julie su. secretary, thank you so much for taking some time to be with us. what is the most promising thing in the jobs report, and is there anything in it that is concerning you? >> hi, breonna. it's great to be here. this is, as you said, a strong, it's a very stable jobs report. 216,000 jobs in december, making the average overall 2023 to hundred 25,000 jobs. that is higher than at any point in any single year in the prior administration, and it is a sign that that coveted soft landing, we've reached it. we had theories of recovery from th
treasury secretary janet yellen highlighting that it's rare for jobs to stay robust while inflation is going down. >> we have 23 months in a row unemployment under 40%. haven't seen that in 50 years. >> so, the soft landing, did it happen? >> what we're seeing now, i think we can describe as a soft landing. and my hope is that it will continue. >> wall street, though, has been waffling a bit on how to react here, because it signals the fed could wait to drop interest...
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Jan 11, 2024
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. >> janet yellen, you know her and she knows a little something about monetary policy, said last weekthe economy has achieved essentially a soft landing. when you agree or would you pushback? >> i think we are aiming to achieve a soft landing and i think the incoming information that we've seen and how the economy has evolved has been consistent with that. but you know, when you look out, there are some risks around the forecast. and of course, my forecast is basically a soft landing. you wouldn't want to say ok, job done, we are on a good path to a soft landing, we just have to keep attuned to the fact that we need to calibrate our monetary policy so that we are achieving a soft landing and we have to be in tune to risk around that. in some sense last year, it is the inflation part of the mandate that had to have our focus. now, as the economy has come into better balance, the risks have become more imbalanced as well, and i think that is the job this year, to make sure that we are calibrating our policy to maintain healthy labor markets even as we continue the process to get inflati
. >> janet yellen, you know her and she knows a little something about monetary policy, said last weekthe economy has achieved essentially a soft landing. when you agree or would you pushback? >> i think we are aiming to achieve a soft landing and i think the incoming information that we've seen and how the economy has evolved has been consistent with that. but you know, when you look out, there are some risks around the forecast. and of course, my forecast is basically a soft...