Janet Yellen, the current chair of the Federal Reserve, is reportedly still in the running to keep her role.
Federal Reserve Vice Chair Stanley Fischer, a veteran central banker who helped set the course for modern monetary policy, will step down
“It’s Gary’s if he wants it, and I think he wants it,” one Republican close to the selection process said, according to Politico.
Federal Reserve Chair Janet Yellen is back in Washington on Friday, a day after receiving emergency medical attention following a speech during which she appeared to lose concentration and which she struggled to finish.
Federal Reserve Chair Janet Yellen wants to see U.S. wages climb at a much brisker clip to boost consumer spending and help workers recoup ground they lost in the last recession, but she’ll have to fend off policymakers who fear that could cause inflation to surge.
Stanley Fischer, a former Bank of Israel governor, was confirmed by the U.S. Senate as vice chairman of the Federal Reserve.
Stanley Fischer was raised in southern Africa and once led Israel’s central bank. Now he is joining Janet Yellen at the Federal Reserve.
Stanley Fischer, the former governor of the Bank of Israel, is a step closer to becoming vice chairman of the Federal Reserve.
The U.S. Senate on Wednesday approved Federal Reserve Governor Sarah Bloom Raskin to be the No. 2 official at the Treasury Department, backing a critic of Wall Street to help coordinate an overhaul of financial regulations.
The health of the U.S. economy and the extraordinary and controversial measures the Federal Reserve has taken to support it will top the agenda on Tuesday when Janet Yellen testifies to lawmakers for the first time as head of the Federal Reserve.