Correspondent, Chicago
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Mar 12, 2014
Mar 12, 2014
Mar 11, 2014
Mar 11, 2014

Fed set to ditch ‘threshold’ guidance under Yellen

NEW YORK/SAN FRANCISCO (Reuters) – Janet Yellen’s first policy-setting meeting as chair of the U.S. Federal Reserve will focus on how to finesse a rewriting of the central bank’s promise to keep interest rates low without roiling financial markets.

Fed policymakers will probably decide next week to scrap their threshold of a 6.5 percent unemployment rate for considering a rate rise, and instead embrace new language that is less specific about when tighter policy might come.

Mar 11, 2014
Mar 11, 2014

Fischer to put textbook work on ice while in Fed job

March 11 (Reuters) – Stanley Fischer wrote the book on
macroeconomics. Literally.

A noted scholar, he co-authored “Macroeconomics,” one of the
world’s leading college economics textbooks.

Mar 11, 2014
Mar 10, 2014
Mar 10, 2014
Mar 7, 2014
    • About Ann

      "Coverage includes Federal Reserve regional banks, U.S. monetary policy, interest-rate futures markets, and financial exchanges and clearinghouses serving the derivatives marketplace, including CME Group."
      Joined Reuters:
      2010
      Languages:
      English, Japanese
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