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The world’s massive debt pile is making a coronavirus shock especially especially dangerous right now
The world is holding a record amount of debt, which could make the economic shock from coronavirus that much more severe.
The Federal Reserve may not be able to do much to mitigate the economic fall out from the coronavirus, even if they cut interest rates.
"If you get a lockdown of London or Paris, or a major outbreak in New York or San Francisco, all bets are off in terms of how low the markets can go."
"It's just conceivable that it could throw the United States into recession," Yellen warned on Wednesday.
Former Fed Chair Janet Yellen says it’s OK for the US to add to its $23 trillion debt pile — as long as it’s used to pay for climate...
Yellen says that low interest rates make it cheaper to borrow and pay for ambitious spending programs right now.
Yellen pointed to growing wealth inequality and the US-China trade war as critical drivers of a potential downturn.
The share of women and minority economists working for the Fed has barely grown in five years — and elite economists say that’s a big prob...
The Fed hasn't grown its share of women economists since 2013, and in the same time frame has increased the share of minorities only slightly.
The White House briefly looked into ways to weaken the dollar. But Janet Yellen told us the Fed wouldn’t have to participate in such an interven...
The central bank has traditionally followed through with currency interventions when they occurred, according to Yellen.
Janet Yellen told us Trump’s attacks on the Fed are ‘a first’ — and stressed the importance of an independent central bank
Pressure on the central bank has reached an unprecedented point, according to former Fed Chair Janet Yellen.
A $1.6 trillion credit market could batter the global economy. And you will take the hit if it implodes, not Wall Street.
Leveraged loans have caught a lot of heat in recent months as a potential cause of the next recession and broader financial doom, but what are they?