70% of Americans Don’t know Who Janet Yellen is

Janet Yellen is arguably the most powerful woman in the world.

Yet few Americans have actually heard of her — about 70% of the U.S. population doesn’t know who Yellen is, according to a NBC/WSJ poll from March.

As leader of America’s central bank, the Federal Reserve, Yellen has immense influence over global financial markets and the U.S. economy. Trillions of dollars can be lost or gained based on how investors interpret each word that comes out of Yellen’s mouth.

But volatile financial markets are the last thing Yellen wants. In fact, she often speaks in a monotone voice about Fed policy, attempting to avoid words or intonation that might rattle investors.

Yellen has cultivated a calm demeanor since her high school days in Brooklyn, New York, where she was a valedictorian. Along the way, Yellen has impressed many people, and not just for her smarts and her performance under pressure. She has also wowed friends with her cooking skills and her eclectic taste in different kinds of foods.

Yellen is very much in the spotlight now. She and the Fed could make history on Thursday with a move that has the potential to impact millions of Americans and global financial markets.

via CNN

Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza