News
CNN Money | 3 reasons why Fed may not taper until 2014
When it comes to the government shutdown and possibility of a debt default, the Federal Reserve can't save the day -- but that may not stop it from trying to soften the blow to the U.S. economy.
Bloomberg | Yellen to Be Named Fed Chairman, First Female Chief
President Barack Obama will nominate Janet Yellen as chairman of the Federal Reserve, which would put the world’s most powerful central bank in the hands of a key architect of its unprecedented stimulus program and the first female leader in its 100-year history.
Reuters | Dollar in the doldrums as Washington woes drag on
The U.S. dollar languished near a two-month low against the yen in Asia on Wednesday and stayed close to a recent eight-month trough on a currency basket with investors growing anxious as the U.S. budget impasse dragged on.
