New Fed Chairwoman Yellen keeps policy on track

Mar 20, 2014

New Fed Chairwoman Yellen keeps policy on track

New Federal Reserve Chairwoman Janet Yellen kept the central bank firmly on the path set by predecessor Ben Bernanke on Wednesday, shrugging off recent economic weakness as largely weather-caused. But she also took a crucial step to reshape how the Fed has signaled its ...

Yellen aims to take over Herculean effort at Fed

Oct 10, 2013

Yellen aims to take over Herculean effort at Fed

by Neil Irwin

President Barack Obama formally nominated Janet Yellen as the 15th chair of the Federal Reserve on Wednesday, ensuring that the powerful U.S. central bank will be led for the next four years by someone who shares the basic philosophy of the current chairman, Ben ...

Yellen leads Fed list after Summers' exit

Sep 17, 2013

Yellen leads Fed list after Summers' exit

Central bank policy dove Janet Yellen was seen as the front-runner Monday to lead the Federal Reserve after President Barack Obama’s apparent preferred candidate Larry Summers’ surprise withdrawal. Yellen, currently vice chair of the Fed, and so the top lieutenant to outgoing chairman Ben ...

Quest to head Fed turns into political circus

Aug 4, 2013

Quest to head Fed turns into political circus

by Julianna Goldman

In Iowa while campaigning in 2007, then-Senator Barack Obama refused to comment when asked about the Federal Reserve, citing the institution’s independence. President Obama may be wishing he’d heeded that advice. Since the president in an interview with Charlie Rose June 16 indicated he ...