Washington Square News

Negative Interest Rates Not Solution for Fed

Negative Interest Rates Not Solution for Fed

By Hon-Lum Cheung-Cheng, Contributing Writer

January 26, 2016


Filed under Opinion

Instead of imposing sub-zero interest rates to improve the economy, the Fed should stick to stimulative measures like the purchase of bonds through quantitative easing.

Fed Chair Janet Yellen to address class of 2014 at Yankee Stadium

Fed Chair Janet Yellen to address class of 2014 at Yankee Stadium

By Kavish Harjai, News Editor

March 12, 2014


Filed under Breaking News, Exclude From Homepage List, News

Janet Yellen, chair of the Federal Reserve, will be the speaker at the 182nd NYU commencement in May, the university announced on March 12. Yellen, along with former New York Yankees pitcher Mariano Rivera, Supreme Court Justice Elena Kagan, singer Aretha Franklin and attorney Martin Edelman, will ...

Adam’s Angle: Yellen proves herself under Congress scrutiny

Adam’s Angle: Yellen proves herself under Congress scrutiny

February 13, 2014


Filed under Exclude From Homepage List, Opinion

Federal Reserve Chairwoman Janet Yellen testified before Congress for the first time on Feb. 11. Facing skeptical lawmakers, Yellen emphasized continuity in the Federal Reserve’s strategy to wind down quantitative easing while keeping interest rates low. She has proven that she can withstand the hea...

Obama’s pick to head Federal Reserve gives hope, though limited

Obama’s pick to head Federal Reserve gives hope, though limited

October 10, 2013


Filed under Opinion

On Oct. 9, President Barack Obama nominated Janet Yellen to succeed Ben Bernanke as chairperson of the Federal Reserve. Yellen’s nomination comes after Obama’s first pick, former White House economics advisor, Larry Summers, withdrew his name from consideration after intense opposition from Senate...