Tagged Federal Reserve

Credit: CNBC

The Stock Market’s Reaction to Trump

By Jep McNair On election night, as the voting results poured in and showed that Donald Trump was likely to be the next President, the Dow Futures index dropped 750 points. Presumably, the Dow Jones Industrial Average would plummet the next day. Instead, it closed up 250 points and in the days since has hit…

The Year of the Chairwoman

By: Shuchi Goyal Less than a week remains until Janet Yellen officially ascends to her new post in the American government, earning a regal title both highly respected and closely scrutinized: the Chairman of the Federal Reserve. The heir apparent to current Chairman Benjamin Bernanke will take charge of the United States central banking system…

Larry Summers and Janet Yellen

Summers-time Sadness

By: Chris Neill Ben Bernanke devoted his academic career to studying the Great Depression. After standing at the helm of the United States economy in its darkest hour since the Depression, Bernanke may be the happiest of all in the search for his successor as Chairman of the Federal Reserve when his term ends in January….

Bernanke and the Fed’s Big Plan

By: Andrew Roberts After months of lackluster, yet not devastating job reports, the Federal Reserve made its position clear: it stood at the ready to provide aid if the economy turned sour. In August 2012, only 96,000 jobs were added, much less than anticipated, and Ben Bernanke, chairman of the Federal Reserve, took this additional…

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