The world’s eyes are on Janet Yellen this week as the Federal Reserve decides whether to raise a key interest rate for the first time since 2006. An announcement is expected Thursday.
As leader of the Fed, Yellen, an emeritus professor at the Haas School of Business at UC Berkeley, is “arguably the most powerful woman in the world,” says CNN in a new profile of the economist, with video, of her life and career.
Yellen, the first woman to serve as head of the Federal Reserve Board of Governors, was nominated to replace Ben Bernanke by President Obama in 2013. She was chair of President Bill Clintons Council of Economic Advisers in the 1990s.
The Eugene E. and Catherine M. Trefethen Professor Emeritus of Business Administration at Berkeley, Yellen taught macroeconomics for more than two decades at Berkeley-Haas. In 2013, she was named a Berkeley Fellow, joining an honorific society of distinguished friends of UC Berkeley chosen in recognition of their contributions to the campus.