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Janet Yellen

Macroeconomist and policymaker who chaired the Federal Reserve (2014–2018) and later served as U.S. Treasury secretary—associated with gradual normalization and labor-market attentiveness.

Yellen’s academic work on wages, search unemployment, and efficiency wages informed a Fed chairmanship focused on “maximum employment” as more than a slogan. Markets read her communications carefully for guidance on rate paths.

Her career illustrates tighter links between academic macro and top policy jobs in the postwar era chronicled in popular histories of economics in government.

Fed partnership

Pair this biographical entry with the Federal Reserve institution entry for tools, mandates, and crisis mechanics.

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