Summary: Two days before the new U.S. president is sworn in, join us for a rare opportunity to hear an economic assessment from the head of the Fed. Dr. Janet Yellen took office as chair of the Board of Governors of the Federal Reserve System in 2014, for a four-year term ending February 3, 2018. Dr. Yellen also serves as chairman of the Federal Open Market Committee, the country's principal monetary policymaking body. Prior to her appointment as chair, Dr. Yellen served as vice chair of the Federal Reserve Board of Governors, while simultaneously beginning a 14-year term as a member of the board that will expire January 31, 2024. Dr. Yellen is professor emeritus of business and economics at the University of California, Berkeley, where she has been a faculty member since 1980. From 2004 through 2010 she served as president and chief executive officer of the Federal Reserve Bank of San Francisco and previously chaired President Bill Clinton’s Council of Economic Advisers. Dr. Yellen holds a Ph.D. in economics from Yale University and has written on a wide variety of macroeconomic issues, specializing in the causes, mechanisms and implications of unemployment.
