Janet Yellen

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Janet Yellen, president Barack Obama’s nominee to succeed the Federal Reserve chairman Ben Bernanke, at the end of January, at the Marriner S Eccles Federal Reserve Board Building in Washington.

Janet Yellen, Mr Obama’s nominee to be the next chairman of the Federal Reserve, will be the first female head of the US central bank and 15th chair, (...)

President Obama described Janet Yellen as one of the country’s “foremost economists and policymakers” as he named her as his nominee to become the nex(...)

Janet Yellen: US stocks fluctuated, after the benchmark index’s biggest two-day decline since June, as a report that  Ms Yellen was picked to lead the Federal Reserve offset concern that the debt impasse will harm the economy. Photograph: Reuters/Gary Cameron

Deadlock in Washington was the main topic on the floors of stock markets yesterday, prompting investors to mark time and wait to see what happens.The (...)

US president Barack Obama said he would be willing to negotiate with Republicans only if they agree to re-open the government and raise the debt limit with no conditions. Photograph: Andrew Harrer/Bloomberg

Asian shares sagged and the dollar languished close to an 8-month low on today as the US budget deadlock dragged on, further chipping away at investor(...)

President Barack Obama will nominate Janet Yellen as chairwoman of the Federal Reserve later today, administration officials said last night, ending an unusually public search to fill one of the most important economic policy-making jobs in the world. Photograph: Mary F Calvert/The New York Times

US president Barack Obama will nominate Fed number two Janet Yellen today to run the world’s most influential central bank, providing some relief to m(...)

Investors are feverishly speculating on Twitter’s impending stock market flotation, valuations of $10-20 billion (€7.4-€14.7 billion) being bandied ab(...)

US stocks and Treasuries rose, and the dollar fell, after Larry Summers withdrew his bid to be the next Federal Reserve chairman and America and Russia agreed on a plan to remove Syria’s chemical weapons. Photograph: David Karp

Stocks and bonds on major markets rallied yesterday after former US treasury secretary Larry Summers withdrew from consideration to be the next chairm(...)

Former US treasury secretary Larry Summers has withdrawn from consideration to succeed Federal Reserve chairman Ben Bernanke after fierce opposition f(...)

Neither Bank of England chief Mark Carney nor ECB president Mario Draghi will attend Jackson Hole this year, but Bank of Japan governor Haruhiko Kuroda (above) will be there. Photographer: Kiyoshi Ota/Bloomberg

Central bankers from around the globe gather later this week in Jackson Hole, Wyoming, but for once, the absence of the US Federal Reserve chairman me(...)

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