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Janet Yellen

This Month

South Korea President Yoon Suk Yeol.

South Korea’s Yoon seeks to fight on as inquiries mount

The president is battling to stay in his role after his brief declaration of martial law last week stunned the nation and its allies.

  • Sangmi Cha and Seyoon Kim

November

Treasurer Jim Chalmers with US Treasurer Secretary Janet Yellen in Washington last month.

US Treasury boss Yellen pressed Chalmers on tax stand-off

Australia is refusing to sign up to a key part of global efforts to make multinational companies pay their fair share of tax.

  • John Kehoe

October

US Treasury Secretary Janet Yellen: “We’re now working to sustain this momentum.”

Australia fails on inflation as US wins on growth

The IMF has reinforced America’s economic exceptionalism despite the poisonous politics on spectacular show. Australia is exceptional for another reason – its lagging performance on controlling inflation.

  • Jennifer Hewett
US Treasury Secretary Janet Yellen.

Yellen takes aim at Trump for making ‘world worse off’

The US Treasury Secretary offered barely veiled criticism of Donald Trump’s economic policy, saying the Biden administration had restored US growth.

  • Fatima Hussein
A local market burns after a Russian strike in Mykolaiv. The Ukraine war is on the agenda for this week’s meetings of the IMF and World Bank.

IMF, World Bank meetings clouded by wars, economy, US election

The elephant in the room will be the potential for an election victory by Donald Trump to upend the international economic system with massive new US tariffs.

  • Updated
  • David Lawder
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September

Pedestrians in downtown Atlanta, Georgia, where local inflation has dropped below 2 per cent in almost four years. Georgia is one of the battleground states up for grabs in the US election.

Trump, Harris vie for political edge from Fed rate cut

The candidates’ duelling narratives underscore the extent to which the economy and interest rates have rapidly become a focal point in the presidential race.

  • Nancy Cook and Hadriana Lowenkron

July

Kamala Harris on the campaign trail at the weekend. She is already embracing the most popular parts of Joe Biden’s plans.

Kamalanomics: Harris’ economic vision for America’s middle class

The Democratic campaign will challenge Donald Trump’s claims to represent working people and secure Joe Biden’s legacy.

  • Updated
  • Colby Smith and James Politi
Geely’s electric vehicles bound for shipment to Europe at the Port of Taicang in China.

China insists the world needs more EVs despite looming trade war

Beijing says Chinese manufacturers are helping the world fight climate change, rejecting US and European criticism of flooding the market with cheap cars.

  • Updated
  • Jana Randow

June

OECD secretary-general Mathias Cormann.

Global tax war fears as landmark deal set to fail

Champions of digital taxes have started taking unilateral steps after losing faith in the OECD-backed treaty to overhaul taxation of multinationals.

  • Emma Agyemang, Paola Tamma and Claire Jones

May

Soldiers fire a heavy mortar at Russian forces on the front line near the city of Bakhmut in Ukraine’s Donetsk region.

G7 finance chiefs back Russian assets plan for Ukraine

The G7 ministers also warned against China’s dumping of cheap exports into their markets, although no concrete actions were decided against China.

  • Alan Rappeport
William Raduchel: “China is run by engineers. The US is run by political lawyers. If you’re on a rocket ship, you’d rather have the engineers running the rocket ship.”

‘China is run by engineers, US by political lawyers’: Tech pioneer’s warning

As senior exec at AOL and Sun, William Raduchel spent 60 years at the forefront of the tech revolution - and once dated Janet Yellen. Here’s what he’s learnt.

  • Nick Bonyhady
Apartments for rent in the West Village neighbourhood of New York.

Why Australia’s long-suffering renters are not alone

Rents are soaring not only in Australia but also in the US, UK and Canada, preventing inflation from declining closer to central banks’ targeted levels.

  • Swati Pandey, Irina Anghel and Enda Curran
Janet Yellen engages with a robotic arm at the Mesa Community College in Arizona.

Yellen counsels caution on currency intervention after surge in yen

The US treasury secretary said ‘we would expect these interventions to be rare and consultation to take place’.

  • Christopher Condon

April

Donald Trump and Jerome Powell were at loggerheads when he was President.

Trump to set interest rates himself under secret presidential plan

Donald Trump’s aides plan to roll back the independence of the US Federal Reserve if he returns to the Oval Office.

  • Tim Wallace
US Secretary of State Antony Blinken meets with China’s Foreign Minister Wang Yi.

China warns Blinken over ‘negative factors’ in US ties

China’s top diplomat told his US counterpart the relationship is “facing all kinds of disruptions”, signalling Beijing’s impatience with Washington’s policies as the presidential election looms.

  • Iain Marlow
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Chinese electric cars like those made by BYD are gaining market share in Europe.

How China plans to win the global EV war

The US and European governments are increasingly alarmed at the potential for China’s EV ambitions to put their own car manufacturers at risk.

  • Updated
  • Jennifer Hewett
Joe Biden at the United Steel Workers headquarters in Pittsburgh this week.

China’s cheap exports threaten to blow up Biden’s agenda

The US president is increasingly hitting back with tariffs and other measures meant to restrict imports of China’s green and other goods, raising tensions with Beijing.

  • Jim Tankersley and Alan Rappeport
Gas flares on an Iranian offshore oil platform in the Persian Gulf.

Iran oil exports hit six-year high as West considers tougher sanctions

Iran’s success in exporting its crude underscores the difficulties facing the West as it seeks to build pressure on Tehran following its attack on Israel.

  • Malcolm Moore and Najmeh Bozorgmehr
The race for clean-tech dominance between the US and China will help the world achieve its climate goals.

Biden’s trade action against China is just polite Trumpism

Improved relations between the two powers can’t mask age-old trade tensions. Better communication is important because the structural problem between them is insoluble.

  • Edward Luce
US Treasury Secretary Janet Yellen says the US will work with allies to keep disrupting Iran’s “malign and destabilising activity”.

US, allies plan to step up Iran sanctions

Hoping to steer Israel away from massive retaliation, the US and Europe flagged a toughening of economic and political sanctions against Iran.

  • Scott Malone and James Mackenzie

Original URL: https://www.afr.com/person/janet-yellen-3hm