Yellen Says Economy Still Needs Fed Support News Video
Federal Reserve Chair Janet Yellen said Tuesday that the economic recovery is not yet complete and for that reason the Fed intends to keep providing significant support to boost growth and improve labor market conditions. (July 15)
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Obama To Nominate Janet Yellen As New Fed Chief As QE Taper Debate Looms
Amid a political standoff in Washington, President Obama is set to nominate Janet Yellen to replace Ben Bernanke as head of the Federal Reserve, the White House said Tuesday night. Yellen, the current vice chairwoman of the central bank and the front-runner for the top spot after Larry Summers withdrew as a candidate amid intense political scrutiny, guarantees a continuation of current monetary policy, with the Fed engaged in an $85 billion-a-month asset purchase program that could be close to being wound down. An official announcement is expected to be made Wednesday.
If confirmed by the Senate, Yellen would take the helm of the Fed in a moment of transition, as the FOMC prepares to taper its quantitative easing program, a prospect which the markets see as the beginning of the end of easy money. Yellen has worked side by side with Chairman Bernanke as vice chairwoman since 2010, and has been a proponent of the Fed’s loose monetary stance. Even if the Fed reduces its pace of monthly asset purchases, it would still be adding to its balance sheet.
Since the Federal Funds rate hit the zero-bound in the wake of the 2008 financial crisis, Bernanke has engaged in several rounds of quantitative easing, buying Treasuries and mortgage-backed securities with the aim of increasing the money supply and encouraging bank lending. The Fed’s balance sheet has ballooned past $3 trillion, leaving his successor with the difficult task of managing the exit strategy.
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Obama Nominates Janet Yellen As Fed Chair
President Barack Obama says Janet Yellen is a tough and proven leader ready to take over as chairman of the Federal Reserve.
દ્વારા Nidhi | 350 અભિપ્રાયો
Yellen Stands by Fed. Low Interest Rate Policies
President Barack Obama's pick to head the Federal Reserve, Janet Yellen, says that the U.S. economy has regained ground lost to Great Recession but still needs the Fed's support because unemployment remains too high at 7.3 percent.
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Yellen: Fed Monitors Recent Weaker Economic Data
Federal Reserve Chair Janet Yellen noted Thursday that some recent economic data have pointed to weaker-than-expected gains in consumer spending and job growth. The Fed will watch to see whether the slowdown was caused by severe winter weather.
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Dino Morea Attend PET FED India's Biggest Pet Festival | PET FED Festival In Mumbai
Dino Morea Attend PET FED India's Biggest Pet Festival | PET FED Festival In Mumbai
Subscribe to Hindi Today Channel and find Bollywood Latest News and Videos.
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Lata Mangeshkar Continues to be on Life Support, Condition Still Critical, Says Doctor
There has been a state of concern around the country for Lata Mangeshkar and her family. The veteran Bollywood singer was admitted to the Breach Candy Hospital early Monday morning after she complained of breathing difficulties. Her family had later reported that she is getting better but not completely free from danger.
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Tripura needs to get rid of ill-fated 'Manik' & needs 'HIRA' : Highways, i-ways, Railways & Airways.
Tripura needs to get rid of ill-fated 'Manik'. Now, it needs 'HIRA' : Highways, i-ways (digital connectivity), Railways and Airways. This HIRA will change Tripura's fate for sure: PM Shri Narendra Modi
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This double-engine govt needs to be formed again if the progress of Maharashtra needs to continue.
This double-engine govt needs to be formed again if the progress of Maharashtra needs to continue.
You've already chosen Shri Narendra Modi as the PM, now is the turn to choose Shri Devendra Fadnavis Ji as the CM: Shri Amit Shah, Latur, Maharashtra, 10.10.2019
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Local Youths In Shopian Hold Sit-in, Want Lahanthoor shopian needs Devlopment and needs to bring
Local Youths In Shopian Hold Sit-in, Want Lahanthoor shopian needs Devlopment and needs to bring on Tourism Map
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Nidhi's
The KARGIL War - Full Victory Story - Kargil Vijay Divas
Watch The KARGIL War - Full Victory Story - Kargil Vijay Divas With HD Quality
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10 Unknown facts about Jayalalitha
This video will tell you some interesting facts about Jayalalitha. It covers her childhood story, cinema life and politics.
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Earth Day 2016 / Save Earth-Save ourselves
No matter what you think about global warming or climate change, we need to take care of our planet. It's the only one we've got
We need to care for animals!
We need to take care of Mother Nature!
We need to take care of the environment!
We need to take care of ourselves!!!દ્વારા Nidhi | 2135 અભિપ્રાયો
Govt./PSU
GAIL bringing INDIA together
GAIL India increasing it's capacity and serving all over INDIA.
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Address by Sh. Rajeev Gupta, Secretary, Youth Affairs at "International Yoga Seminar"
Address by Shri. Rajeev Gupta, Secretary, Youth Affairs, Ministry of Youth Affairs & Sports, at the "International Yoga Seminar" organized by "Shri Ram Chandra Mission" in April, 2016
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Mr Bhupesh Baghel, CM, Chhattisgarh at #FICCIAGM
Mr Bhupesh Baghel, CM, Chhattisgarh in conversation with Dr Jyotsna Suri, Past President, FICCI at #FICCIAGM.
#FICCI #IndianEconomy #Economy #India
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Blatant Violation of model code of conduct in Odisha
Blatant Violation of model code of conduct in Odisha
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India observes Independence Day with patriotic fervour
Prime Minister Narendra Modi
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Technical Session V, Q&A
Global Summit 2020 "Mission 5 Trillion – CMA as a Cryogenic Force"
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Nitish Kumar की जगह Jitan Ram Manjhi को CM बनाएंगे BJP ! Mukesh Sahani | Bihar News | #dblive
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आज आएगा UP का Budget, Budget पेश करने से पहले होगी Yogi Cabinet की Meeting | UP Budget 2024-25
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आज आएगा UP का Budget, Budget पेश करने से पहले होगी Yogi Cabinet की Meeting | UP Budget 2024-25
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