By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Wednesday endorsed the nomination of Janet Yellen to head the United States (US) Federal Reserve. “I welcome President Obama’s nomination of Janet Yellen for the Fed Chair. Janet is an excellent choice for this […]
Tag: Janet Yellen
Janet Yellen nominated by Obama to head US Federal Reserve
US President Barack Obama has officially nominated Federal Reserve vice-chair Janet Yellen to be the next head of the US central bank. He called her one of the nation’s foremost economists and policy makers. Ms Yellen said if confirmed by the Senate she would do her utmost “to promote maximum […]
Obama to choose Yellen for top Fed job, markets relieved
U.S. President Barack Obama will nominate Fed number two Janet Yellen on Wednesday to run the world’s most influential central bank, providing some relief to markets that would expect her to tread carefully in winding down economic stimulus. The nomination will put Yellen on course to be the first woman […]
