Topic: Central Banking

Fed Nominee

Fed Nominee
FILE - In this April 16, 2008 file photo, Janet Yellen, the president of the Federal Reserve Bank of San Francisco speaks in Alameda, Calif. President Barack Obama intends to nominate Yellen to take over as vice chair of the Federal Reserve, a person familiar with the selection said Friday, March ...
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Obama eyes Fed picks in central bank revamp

US President Barack Obama is strongly considering three candidates to fill vacancies at the Federal Reserve board, the White House said Friday as he moves to revamp the central bank. San Francisco regional central bank chief Janet Yellen, a policy dove, is a "leading contender" to becoming number two at ...
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Data, Fed to test if rally has legs

NEW YORK (Reuters) - Investors will try to tack another leg on to the year-long U.S. stock rally, looking to next week's economic data and statement from the central bank for evidence the recovery is still on track. After tumbling during the fourth-quarter earnings season, the S&P ...
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Business Highlights

Retail sales show surprising gain in February WASHINGTON (AP) — Retail sales posted a surprising increase in February as consumers refused to let snowstorms stop them from stepping up purchases for everything from clothes to appliances. The improvement provided hope that the recovery from the Great Recession is gaining momentum. Some ...
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