Federal Reserve board

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.

Sep 13, 2013, 16:07 PM IST

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.

Aug 01, 2013, 08:47 AM IST

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).

Jul 31, 2013, 11:18 AM IST