Yellen says economy on track, defends Fed 'transparency'

Last Updated: Wednesday, July 15, 2015, 18:18

Federal Reserve Chair Janet Yellen said on Wednesday the US central bank remains on track to raise interest rates this year, with labor markets expected to steadily improve and turmoil abroad unlikely to throw the US economy off track.

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.

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.

Janet Yellen: Five facts about Fed chair nominee

Last Updated: Wednesday, October 9, 2013, 17:47

President Barack Obama will nominate Federal Reserve Vice Chair Janet Yellen to take the helm at the US central bank when Ben Bernanke's term expires on January 31.

Janet Yellen: Five facts about Fed chair nominee

Last Updated: Wednesday, October 9, 2013, 17:47

President Barack Obama will nominate Federal Reserve Vice Chair Janet Yellen to take the helm at the US central bank when Ben Bernanke's term expires on January 31.

Geithner still not interested in being Fed chair: Source

Last Updated: Monday, September 16, 2013, 09:25

Former US Treasury Secretary Timothy Geithner is still not interested in being the next head the Federal Reserve, a source familiar with his thinking said on Sunday, after front-runner Lawrence Summers withdrew his name from consideration.

Lawrence Summers withdraws from Fed chair consideration

Last Updated: Monday, September 16, 2013, 08:49

Lawrence Summers, a former top aide to President Barack Obama and Treasury secretary under President Bill Clinton, withdrew on Sunday from consideration to succeed Federal Reserve Chairman Ben Bernanke, after liberal pressure soured his confirmation prospects.

US Federal Reserve ready to act if Europe crisis worsens

Last Updated: Friday, June 8, 2012, 10:16

US Federal Reserve Chairman Ben Bernanke said on Thursday his institution is ready to act if the European financial crisis worsens.

Bernanke defends low rate policy for weak economy

Last Updated: Friday, February 3, 2012, 10:05

Federal Reserve Chairman Ben Bernanke on Thursday defended the US central bank's policies against charges from Republican lawmakers they risked sparking inflation, saying the economy still needs plenty of support.

Fed ready to do more to help US economy: Bernanke

Last Updated: Tuesday, October 4, 2011, 22:33

The Federal Reserve is prepared to take further steps to help a fragile economic recovery held back by a weak job market and financial stresses in Europe, Fed Chairman Ben Bernanke said on Tuesday.

Fed ready to ease if economy flags: Bernanke

Last Updated: Wednesday, July 13, 2011, 21:19

Federal Reserve Chairman Ben Bernanke said on Wednesday the central bank is ready to ease monetary policy further if the economy weakens and inflation moves lower, suggesting policymakers are actively mulling further stimulus.