Topic: Donald Kohn
How she will run the world's largest central bank differently than Ben Bernanke and what has shaped her views.
Larry Summers, the presumed frontrunner to replace Ben Bernanke as Federal Reserve chairman, has withdrawn his name from consideration. So far, the financial markets seem thrilled – Dow futures jumped more than 160 points on the news Monday.
Five years after the worst crisis since the 1930s, America has devised safeguards and changed the rules of Wall Street. But could the country really avoid another financial collapse?
President Obama's nominee for second-in-command at the Federal Reserve, Janet Yellen, is 'dovish' on inflation – she's not likely to tighten monetary policy to counteract it.
07/15/2010 03:46 pm
Some key lawmakers in the Senate are saying they will vote against the Bernanke confirmation. The Fed chairman’s term expires at the end of this month.
01/22/2010 07:13 pm
With a retirement this summer, the central bank will have just four of seven board seats filled.
06/17/2008 01:00 am
Public expectations can make inflation hard to contain.
06/14/2008 01:00 am