| Oct 25, 2013
For months it was a matter of intense speculation: Who would President Obama nominate to chair the Federal Reserve? Now that he has named Janet Yellen, currently the Fed's vice chair and an exceptionally well-qualified candidate, maybe we can move on to...
| Oct 23, 2013
| 6:03 AM
WASHINGTON -- Former Federal Reserve Chairman Alan Greenspan on Wednesday praised Janet L. Yellen, President Obama's nominee to be the next central bank chief, calling her "very bright" and saying he often would go to her to explain academic economics...
| Oct 9, 2013
| 5:57 PM
WASHINGTON — The Federal Reserve appeared poised a few weeks ago to start pulling back on its unprecedented support for the economy, but surprisingly stopped short out of fear the recovery still was too fragile.
That was before the budget...
| Oct 10, 2013
Congress has spent much of the last three years stumbling about like a traveler who's lost his map, with no coherent strategy for bolstering the weak economy or putting more jobless Americans back to work. Meanwhile, the Federal Reserve has worked...
| Oct 9, 2013
| 12:25 PM
WASHINGTON -- Janet Yellen, President Obama’s choice to head the Federal Reserve, comes to the post with more years and a wider range of experience at the central bank than her predecessors and a career-long focus on the issue that remains at the...
| Oct 8, 2013
| 7:37 PM
WASHINGTON — President Obama will nominate Janet L. Yellen to be the next head of the Federal Reserve, the White House said Tuesday. If confirmed, the former UC Berkeley economist would become the first woman to lead the world's most powerful...
| Oct 8, 2013
| 4:16 PM
WASHINGTON -- President Obama will nominate Janet L. Yellen to be the next head of the Federal Reserve, the White House said Tuesday. The historic appointment, if confirmed, would make the former UC Berkeley economist the first woman to lead the world&...
| Oct 3, 2013
Much is in flux in Washington this week. But two important realities have remained constant, whether certain elements in the GOP accept them or not: We must not default on the federal debt, and we shouldn't wait until we're on the brink of default to...
| Sep 18, 2013
| 11:19 AM
WASHINGTON -- Federal Reserve policymakers unexpectedly voted Wednesday not to alter one of the central bank’s key economic stimulus programs.
The move defied market expectations that the Fed would begin tapering its monthly purchases of $85...
| Sep 24, 2013
| 6:41 AM
WASHINGTON -- Although Sheila Bair, the former chairwoman of the Federal Deposit Insurance Corp., is a Republican, she has been one of the most outspoken supporters of Democrat Janet L. Yellen to be the next Federal Reserve chief.
Now, with Yellen the...
| Sep 23, 2013
| 8:45 AM
WASHINGTON -- A top Federal Reserve policymaker said Monday that the economy still wasn't strong enough in two key areas to begin tapering the central bank's bond-buying stimulus program, particularly with budget and debt-limit fights looming.