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.
ద్వారా Annu| 464 ఎంతమంది చూసారు
President Barack Obama says Janet Yellen is a tough and proven leader ready to take over as chairman of the Federal Reserve.
ద్వారా Nidhi| 459 ఎంతమంది చూసారు
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.
ద్వారా Nidhi| 523 ఎంతమంది చూసారు
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.
ద్వారా Nidhi| 333 ఎంతమంది చూసారు
Federal Reserve Chair Janet Yellen says the U.S. economy is improving but notes that the job market remains "far from satisfactory" and inflation below the Fed's target rate. (May 7)
ద్వారా Nidhi| 6928 ఎంతమంది చూసారు
The Federal Reserve sought Wednesday to clarify a question that investors have been trying to determine: When it might start to raise short-term interest rates from record lows. (March 19)
ద్వారా Nidhi| 268 ఎంతమంది చూసారు
Dino Morea Attend PET FED India's Biggest Pet Festival | PET FED Festival In Mumbai
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ద్వారా Hindi Today| 16506 ఎంతమంది చూసారు
The Federal Reserve looks poised to cut interest rates for a second time Wednesday to help extend the economic expansion in the face of global weakness, President Donald Trump's trade war with China and geopolitical risks such as the attacks on Saudi Arabia's oil facilities. The modest rate cut the Fed announced in July _ its first in more than a decade _ left its benchmark short-term rate in a range of 2% to 2.25%. It also raised expectations that it would follow with up to three additional quarter-point rate cuts this year.
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ద్వారా ingoanews| 810 ఎంతమంది చూసారు
Federal Reserve Chair Janet Yellen says the Federal Reserve remains patient in deciding when to raise interest rates because too many Americans remain unemployed, wage growth remains sluggish and inflation is running below the Fed's target. (Feb. 24)
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ਕਰਵਾ ਚੌਥ ਤੋਂ 1 ਦਿਨ ਪਹਿਲਾਂ ਹੀ ਪਟਿਆਲਾ ਦੇ ਬਾਜ਼ਾਰਾ 'ਚ ਸੁਹਾਗਣਾ ਦੇ ਹੱਥਾਂ 'ਤੇ ਮਹਿੰਦੀ ਲਗਾਉਣ ਦੀਆਂ ਲੱਗੀਆਂ ਰੌਣਕਾਂ
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ਕਰਵਾ ਚੌਥ ਤੋਂ 1 ਦਿਨ ਪਹਿਲਾਂ ਪਟਿਆਲਾ ਦੇ ਬਾਜ਼ਾਰਾ 'ਚ ਸੁਹਾਗਣਾ ਦੇ ਹੱਥਾਂ 'ਤੇ ਮਹਿੰਦੀ ਲਗਾਉਣ ਦੀਆਂ ਲੱਗੀਆਂ ਰੌਣਕਾਂ
ద్వారా Dainik Savera| 2976 ఎంతమంది చూసారు
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ద్వారా Dainik Savera| 324 ఎంతమంది చూసారు
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Comparative Trade Statistics for the Years 2013 & 2014
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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.
ద్వారా Annu| 464 ఎంతమంది చూసారు
President Barack Obama says Janet Yellen is a tough and proven leader ready to take over as chairman of the Federal Reserve.
ద్వారా Nidhi| 459 ఎంతమంది చూసారు
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.
ద్వారా Nidhi| 523 ఎంతమంది చూసారు
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.
ద్వారా Nidhi| 333 ఎంతమంది చూసారు
Federal Reserve Chair Janet Yellen says the U.S. economy is improving but notes that the job market remains "far from satisfactory" and inflation below the Fed's target rate. (May 7)
ద్వారా Nidhi| 6928 ఎంతమంది చూసారు
The Federal Reserve sought Wednesday to clarify a question that investors have been trying to determine: When it might start to raise short-term interest rates from record lows. (March 19)
ద్వారా Nidhi| 268 ఎంతమంది చూసారు
Dino Morea Attend PET FED India's Biggest Pet Festival | PET FED Festival In Mumbai
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The Federal Reserve looks poised to cut interest rates for a second time Wednesday to help extend the economic expansion in the face of global weakness, President Donald Trump's trade war with China and geopolitical risks such as the attacks on Saudi Arabia's oil facilities. The modest rate cut the Fed announced in July _ its first in more than a decade _ left its benchmark short-term rate in a range of 2% to 2.25%. It also raised expectations that it would follow with up to three additional quarter-point rate cuts this year.
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Bigg Boss 18 LATEST Voting Trend | Kise Mil Rahe Hai Highest Votes? Chahat Pandey Leading?
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Is Shehnaaz Gill the most successful Bigg Boss contestant ever? #biggboss #shorts
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Poulomi Das Eviction Explosive Interview - Bigg Boss OTT 3
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Chandigarh Grenade Attack: जोरदार विस्फोट, टूट गए कांच के शीशे, एक गिरफ्तार किसका हाथ?
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महाराष्ट्र के इस गांव ने कैसे पानी का सही इस्तेमाल कर के सूखे से हरियाली तक का सफर तय किया.
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