Nov 21, 2013 — If confirmed by the full Senate in December, Janet Yellen would become the first woman to lead the central bank. She's currently the Fed's vice chairman. Analysts do not expect major policy shifts after the departure of current Chairman Ben Bernanke.
Nov 14, 2013 — Janet Yellen, President Obama's nominee to head the Federal Reserve, has her confirmation hearing Thursday. Before she spoke, there was word that the number of first-time claims filed for jobless benefits fell only slightly last week.
Sep 26, 2013 — We ask a former Fed economist: What does the chairman actually do? The short answer: Runs the meetings. Turns out, this is actually a big deal.
Sep 16, 2013 — Financial markets rallied Monday, a day after Lawrence Summers took himself out of the running to be the next chairman of the Federal Reserve. Summers had been seen as a front-runner to replace Ben Bernanke, whose term expires in January. Now the focus turns to whether Obama will pick Fed Vice Chairman Janet Yellen to be the first woman to run the central bank.
Jul 17, 2013 — The Federal Reserve Chairman continued to soothe investors, saying the Fed would not wind down its bond-buying program until economic conditions improve.
Jul 12, 2013 — A surge in the cost of gasoline fueled a sharp increase in wholesale prices last month. Meanwhile, Bloomberg News is reporting that former Treasury Secretary Lawrence Summers wants to be the next chairman of the Federal Reserve.
Jul 11, 2013 — Stocks surged Thursday after the chief of the Federal Reserve sent signals that the central bank wasn't in a hurry to stop helping the economy. The Standard and Poor's 500 Index closed at a record high.
Jun 3, 2013 — At Princeton's commencement, the central bank chief mixed in some humor with his advice. He even quoted comedienne Lily Tomlin. That's not your typical "Fed speak."
Dec 7, 2012 — Metaphors can be great for framing the urgency of a problem, but what do you do when the image isn't accurate? If you are the president or a Republican Congressional leader, you keep hammering with the metaphor anyway. It's all Ben Bernanke's fault.
Sep 13, 2012 — The Fed has the power to create money. But it has another, critical power: The power of words.