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Obama to nominate Summers as Fed chief: Japan's Nikkei

US President Barack Obama will name former Treasury Secretary Lawrence Summers as chairman of the Federal Reserve Board, Japan's Nikkei newspaper said on Friday.

Fed stays on track with bond buying, for now

The Fed made three notable adjustments to its post-meeting statement, which economists said gave it a dovish tilt.

Fed to keep buying bonds, but may point to plans to taper

The 19 members of the U.S. central bank's policy-setting committee will conclude a regular two-day gathering with a statement at 2 p.m. (1800 GMT).