Bernanke: Fed well-prepared for stimulus fallout

Last Updated: Friday, January 17, 2014, 02:17

Outgoing Federal Reserve Chairman Ben Bernanke said Thursday that the US central bank is well-prepared to handle any risks from its stimulus, such as higher inflation and asset bubbles.

Janet Yellen: world`s most powerful central banker

Last Updated: Tuesday, January 7, 2014, 11:34

The US Senate`s approval on Monday of Janet Yellen to lead the US Federal Reserve puts a woman at the head of the world`s most powerful central bank for the first time.

Factbox: The ins and outs of Yellen's 'optimal control' policy path

Last Updated: Tuesday, January 7, 2014, 05:39

Yellen first talked publicly about an optimal control path for rates in a June 2012 speech. But the idea of a mathematical model to summarize policy trade-offs -- in this case between unemployment and inflation -- is common to economics.

Factbox: Five facts about next US Fed chief Yellen

Last Updated: Tuesday, January 7, 2014, 05:30

Yellen, 67, would be the first woman to head the Fed and one of the few to lead a central bank of a major economy.

Factbox: Yellen on rates, regulation, communication revolution

Last Updated: Tuesday, January 7, 2014, 05:21

The U.S. central bank has held benchmark interest rates near zero for five years and quadrupled its balance sheet to about USD 4 trillion through three massive bond-buying programs.

Factbox: Policy challenges loom as Yellen prepares to lead Fed

Last Updated: Tuesday, January 7, 2014, 05:08

When Yellen, an accomplished economist and the Fed's current vice chair, takes the reins on February 1 she will face a series of delicate policy challenges, starting with how quickly to wind down the Fed`s aggressive bond-buying campaign.

Janet Yellen gets final approval to head US Federal Reserve

Last Updated: Tuesday, January 7, 2014, 04:48

Janet Yellen, a key force behind the Federal Reserve`s unprecedented and controversial efforts to boost the U.S. economy, was confirmed by the Senate on Monday to lead the central bank just as it begins to unwind that stimulus.

US Senate poised to confirm Janet Yellen as Fed chair

Last Updated: Monday, January 6, 2014, 11:41

The US Senate, kicking off its 2014 session on Monday, intends to waste no time making history as it moves to approve Janet Yellen to be the first woman to head the Federal Reserve.

Asian shares tumble to two-week low on China services PMI

Last Updated: Monday, January 6, 2014, 08:59

The dollar hovered near a four-week high, supported by an upbeat outlook on the US economy by Federal Reserve Chairman Ben Bernanke that fanned expectations of faster stimulus reduction by the US central bank.

Fed no less committed to stimulus after cut to QE: Bernanke

Last Updated: Saturday, January 4, 2014, 09:27

The US Federal Reserve is no less committed to highly accommodative policy now that it has trimmed its bond-buying stimulus, Ben Bernanke said on Friday in what could be his last speech as Fed chairman.

Copper and oil slide, world equities dip

Last Updated: Saturday, January 4, 2014, 04:52

Copper futures dropped on Friday on concerns over Chinese growth and as the U.S. dollar strengthened, while crude oil extended recent losses and a global gauge of equities drifted lower.