New York Fed chief William Dudley, key advocate of Janet Yellen policy, set to retire: CNBC
Federal Reserve Bank of New York President William Dudley is close to announcing his retirement, CNBC reported, citing several people familiar with his plans. Dudley, who turns 65 in January, has led the New York Fed since January 2009. His term ends in January 2019 ...
Trump said to pick Jerome Powell as Fed chairman, replacing Janet Yellen
President Donald Trump plans to nominate Federal Reserve Gov. Jerome Powell to the top job at the U.S. central bank, according to four people familiar with the decision. Trump has said he will announce his pick Thursday afternoon. In Powell, he will select a former ...
Trump sours on Cohn for Fed chair, looks at several candidates: sources
President Donald Trump is considering many candidates to head up the Federal Reserve and has soured on nominating his top economic adviser, Gary Cohn, to lead the central bank, according to sources close to the White House and an administration official. Two sources said Trump ...
As Yellen and Draghi head to Jackson Hole confab, inflation goals elude on both sides of Atlantic
As the world's top central bankers gather in Wyoming this week, their relief about a stronger global economy will be tempered by a growing unease that inflation remains inexplicably low. Federal Reserve Chairwoman Janet Yellen and European Central Bank President Mario Draghi will be among ...
U.S. President Donald Trump is increasingly unlikely to nominate Federal Reserve Chair Janet Yellen for a second term next year, and National Economic Council Director Gary Cohn is the leading candidate to succeed her, Politico reported on Tuesday, citing four people close to the ...
For all the talk of a radical shift in central banking policy, from the permanent use of negative rates to printing "helicopter money," Federal Reserve Chair Janet Yellen appears to believe she can tackle any downturn using the tools currently at her disposal. Speaking in ...
The BOJ's Haruhiko Kuroda can offer the Fed's Janet Yellen a lesson: When cutting rates to zero, you need a clear exit plan.
Republican presidential candidate Donald Trump would be inclined to replace Federal Reserve Chair Janet Yellen if he wins the White House despite supporting the U.S. central bank's efforts to keep interest rates low, he told Fortune magazine. "I think she's done a serviceable job," Trump ...
Yellen shows deft hand in Asian diplomacy
While its mandate is domestic stability, concerns about Asia's growth limits the Fed's ability to normalize rates.
The U.S. central bank indicated Wednesday it is likely to raise the ultralow interest rates later this year although its policy-setting panel gave no new words regarding exactly when it could take place. "Clearly most participants are anticipating that a rate increase this year will ...
Fed signals plans to set rate hike stage with just a phone test, for now
The Federal Reserve has set up a new system for holding press conferences by telephone, increasing the central bank's flexibility to explain an interest rate hike in months when one of its quarterly press sessions is not already scheduled. The U.S. central bank held a ...
