Janet Yellin

Wednesday's question of the day was a bit of a head-scratcher. After listening intently to first the FOMC statement and then the ensuing press conference, the question apparently on investors' minds was: When a change is made to the Fed's statement on monetary policy, and yet the...

When Ben Bernanke succeeded Alan Greenspan as chairman of the Federal Reserve Board in February 2006, the economy seemed to growing smoothly. Unemployment was under 5 percent. Little did the former Princeton economics professor know what was to befall him. Within 18 months, it became clear a...