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Fed Faces Tough Questions This Week
Monday, December 16, 2013 - 4:45pm | 500Read More...On Tuesday and Wednesday, the Federal Reserve will meet for the last time in 2013. The final policy meeting of the year will provide further clarity on the hotly debated question of when, or if, the Fed will begin to scale back on its $85 billion-a-month bond buying program. In June, the Fed'...
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Janet Yellen Will Be Nominated for Fed Chair on Wednesday
Tuesday, October 8, 2013 - 7:27pm | 190Read More...A White House official has reported that President Barack Obama will nominate Janet Yellen, Vice Chairwoman of the Board of Governors of the Federal Reserve System, to succeed Federal Reserve Chairman Ben Bernanke on Wednesday, October 9. Much speculation has surrounded the next Fed Chair, and now...
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QE3 Is On Its Way, Just Ask The Fed
Wednesday, August 3, 2011 - 3:14pm | 748Read More...You don't need to worry whether QE3 is coming, the Federal Reserve essentially just told you it was. In an interview with the Wall Street Journal, former Fed officials Donald Kohn, Vincent Reinhart and Brian Madigan said they would support the Fed doing more easing if the economy started to...
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Federal Reserve Vice Chairman Donald Kohn: "Absolutely Critical"
Friday, February 25, 2011 - 1:46pm | 48Read More...Federal Reserve Vice Chairman Donald Kohn has made a statement that it is "absolutely critical" that the Federal Reserve has the confidence of the world to do the right things in terms of monetary policy. Many have questioned whether the additional $600 billion of quantitative easing was worth it.
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Late Market Roundup (RDS.B, RIMM, MOT)
Friday, June 11, 2010 - 2:32pm | 257Read More...Shares of Royal Dutch Shell plc (NYSE: RDS.B) fell 0.06% following the purchase of 10,000 Royal Dutch Shell B shares by its director, Simon Henry. He bought the shares at around $27.30 per share for a total of $272,601. Federal Reserve Vice Chairman Donald Kohn would temporarily remain as Fed’s...
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Stronger Yuan Would Benefit China Says Donald Kohn
Tuesday, May 11, 2010 - 5:46pm | 136Read More...According to a top U.S. Federal Reserve official, a stronger yuan would benefit China, as a stronger currency would result into higher consumer spending and lower exports. The Wall Street Journal reports that Donald Kohn, the outgoing vice chairman of the U.S. Federal Reserve, made this remark...
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Vice Chairman Donald Kohn to Leave Fed in June
Monday, March 1, 2010 - 12:47pm | 183Read More...Donald Kohn, the vice chairman of the Federal Reserve, announced plans to resign from the U.S. central bank when his term ends in June. Kohn, 67, played an important role in overseeing the Fed's response to the financial crisis in 2008. His departure will leave three vacancies on the Fed's Board of...
