Topic: U.S. Federal Reserve
Yellen at Fed would likely favor low-rate policy
AP News
Yellen emerges as likely pick for Fed; would favor low-rate policies to ease unemploymentPresident Barack Obama's likely choice of Janet Yellen to become vice chairman of the Federal Reserve would favor a policy that stresses low interest rates to ease unemployment over higher rates to curb inflation. Obama is ...
Obama identifies three possible Fed picks
AFP American Edition
US President Barack Obama is giving "strong consideration" to naming three officials to fill vacancies at the Federal Reserve board, the White House said Friday as he moves to revamp the central bank. San Francisco regional central bank chief Janet Yellen, a policy dove, is a "leading contender" to becoming ...
Yellen leads picks for Fed seat
Reuters US Online Report Politics News
WASHINGTON (Reuters) - San Francisco Federal Reserve Bank President Janet Yellen, a monetary policy dove, tops President Barack Obama's list to be No. 2 at U.S. central bank, the White House said on Friday. Sarah Raskin, commissioner of financial regulation for the state of Maryland, and Peter Diamond, an ...
Obama eyes dovish policymaker as Fed number two
AFP American Edition
US President Barack Obama is giving "strong consideration" to nominating San Francisco regional central bank chief Janet Yellen as Federal Reserve Board number two, the White House said Friday. A policy dove, Yellen, 63, has strongly backed Federal Reserve chairman Ben Bernanke's policy of virtually zero interest rates and ...
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