Israel for eight years until he stepped down in June, has been asked to be the Federal Reserve's next vice chair once Janet Yellen takes over as chief of the U.S. central bank, a source familiar with the issue said on Wednesday.
vice chairman of the Federal Reserve , people familiar with the selection process said. Fischer, 70, would replace Janet Yellen as the Fed’s No. 2 official, according to the people, who asked for anonymity because the decision isn’t final
which brought back more taper talk. Remain calm, though. Remember that the Bernanke era ends in January. When Janet Yellen replaces him, there will be plenty of support for more quantitative easing. You may experience great anxiety, falling
that four members of the FOMC agree that the new terminal Fed funds rate is below 4%. More importantly, given that Janet Yellen is one of the four most dovish members of the current Committee it is very likely she comprises one of these four dots
By Morgan Myrmo: "She's ( Janet Yellen ) gonna do more and more of it (printing dollars) until ultimately there is a currency crisis and the dollar collapses
pushing U.S. stocks higher. Any eventual change in QE will almost certainly be accompanied by incoming Fed Chairman Janet Yellen changing forward guidance, such as keeping rates at the zero bound until 2016, and possibly reducing the unemployment
get our communication around this post-6.5%, the sooner the better." Williams will not be a voter on the FOMC until 2015 (he will be an alternate next year), but is seen as a close ally to incoming chair Janet Yellen . 1 comment!
low for an extended period of time. This comes on the heels of similar comments by his likely successor at the Fed, Janet Yellen , during her confirmation hearings . On top of this, inflation numbers released on the morning of the 20 th show almost
news on the real economy as well as the medicine that Janet Yellen will apply to it. That medicine, however, will most assuredly include negative real ..... wealthiest 1% of our population), it is a policy that a Janet Yellen Fed seems determined to pursue. The taper will lead
every single data point. So, they are just sitting down in the sandbox arguing. One of the most positive things about Janet Yellen coming in is that we're going to have some leadership. We're going to know where things are heading toward. Now