site.news_by_theme Federal Reserve
Federal Reserve Chair rebuffed pressure from inflation hawks to move faster toward a rate hike, saying the US jobs market still shows slack.
Janet Yellen, the White House nominee to lead the Federal Reserve, said Thursday that the central bank's stimulus must remain in place to bolster an economy where growth remains fragile.
Janet Yellen, nominated by President Barack Obama to run the Federal Reserve, will be the first woman to hold what Obama has called one of the world's top policy-making jobs.
President Barack Obama has nominated economist Janet Yellen to lead the Federal Reserve in a move expected to sustain the central bank's easy money policies and efforts to curb joblessness.
There's never a good time to change the head of the US central bank, according to Ethan Harris, who wrote "Ben Bernanke's Fed" about the chairman of the Federal Reserve.
Global oil prices soared Thursday to new four-month highs, as the US Federal Reserve announced a new round of quantitative easing to stimulate the flagging economy.