In her first testimony to Congress, U.S. Federal Reserve Chair Janet Yellen said on Tuesday she would continue to implement the monetary policy made by former Chair Ben Bernanke.
U.S. Senate on Monday confirmed Janet Yellen as the next head of the Federal Reserve, to replace the outgoing Fed chairman Ben Bernanke whose term ends at the end of this month.
U.S. Senate on Monday confirmed Janet Yellen as the next head of the Federal Reserve, to replace the outgoing Fed chairman Ben Bernanke whose term ends at the end of this month.
The Federal Reserve's easy monetary policy will likely stay for an "extended period" to bolster economic growth, Janet Yellen, President Barack Obama's pick for next chair of the U.S. central bank, has said.
U.S. Federal Reserve chief nominee Janet Yellen said Thursday that the country's economy still needs the central bank's life support and premature withdrawal of stimulus would be costly.
U.S. President Barack Obama on Wednesday formally nominated current Federal Reserve Vice Chairwoman Janet Yellen to be the next Fed chief and replace the outgoing Fed Chairman Ben Bernanke.
U.S. President Barack Obama is to nominate current Federal Reserve Vice Chairwoman Janet Yellen to be the next Fed chief on Wednesday, media reports said Tuesday.
U.S. President Barack Obama is to nominate current Federal Reserve Vice Chairwoman Janet Yellen to be the next Fed chief on Wednesday, media reports said Tuesday.
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