Janet Yellen

Jerome Powell's obsession with inflation and economic growth

Illustration: Sarah Grillo/Axios

Federal Reserve chairman Jerome Powell talks about inflation, unemployment and growth more than anything else, an Axios analysis of the chairman's speeches and congressional testimonies in his first year shows.

Why it matters: A new era of more frequent press conferences begins on Wednesday, and it will likely change the way investors look at Powell's words.

Janet Yellen: "I was disappointed not to be reappointed"

Federal Reserve Chair Janet Yellen speaks during her last news conference in office December 13, 2017 in Washington, DC.
Federal Reserve Chair Janet Yellen speaks during her last news conference in office. Photo by Alex Wong/Getty Images

Federal Reserve Chair Janet Yellen, who will now be joining the Brookings Institution, talked about her termination on PBS NewsHour, per Bloomberg. “I would have liked to serve an additional term and I did make that clear, so I will say I was disappointed not to be reappointed,” she said Friday.

Why it matters: Talking to PBS NewsHour, especially on her last day in office, was a rare TV interview for Yellen. This will be the end of over 15 years at the central bank for Yellen. And as Bloomberg notes, Trump's decision not to reappoint Yellen to a second four-year term breaks with tradition.