Yellen Says She’ll Leave Fed Once Powell Sworn in as Chair
Yellen, 71, has served one term as leader of the central bank; move resolves question about whether she’d stay as governor.
New York Fed Sees a Healthy Fear in the Volatility Curve
Fed researchers say the market is “pricing in implied volatility of around 19% in one or two years’ time."
Debating Where Tech Will Take Finance
Why should banks and credit bureaus be the keepers of our identity? On the other hand, why should Facebook or the blockchain?
Trump Is Said to Lean Toward Jay Powell as Next Fed Chairman
Powell is a Fed governor and reportedly one of three top contenders, along with Stanford professor John Taylor and current chair Janet Yellen.
Trump Says He May Pick Taylor and Powell for Fed Leadership Seats
‘They’re both very talented people,’ he tells Fox Business; it is unclear which candidate would be chairman and which would be vice chair.
Trump Advisors Lean Toward Taylor or Powell for Fed
Yellen is said to fare well in interview with the president, who hasn’t yet made his choice from slate of five contenders.
Senate Banking Chairman Says Yellen Fed Too Slow to Raise Rates
Mike Crap said he wants to see the Fed change direction.
New Fed Member Flagged Insurer Derivatives Risk Early
Randal Quarles warned about derivatives dangers, and a federal insurance risk blind spot, in 2006.
Everybody Wants Duration Even as Fed Normalization Draws Near
An analyst says insurers’ and pension funds’ needs could put a cap on 30-year bond rates.
This Fed Choice Could Spook The Bond Market
One wild card for fixed-income markets is a Stanford University economist known for the monetary-policy rule that bears his name.