Barack Obama is likely to pick a candidate to succeed Ben Bernanke sometime during the summer.
Yellen is currently Vice Chairman of the Board of Governors of the Federal Reserve System.
Many have questioned the wisdom of Bernanke's efforts to bail out the financial system as it teetered last year, and his decision to flood markets with newly printed money this year.
Emerging markets like India and China are witnessing a remarkable transformation, despite a slowdown in economic growth, lifting millions of people out of poverty, Federal Reserve Chairman Ben Bernanke has said.
Emerging economies should also be mindful of growth.
This was the weakest endorsement ever extended to a chairman in the central bank's 96-year history.
American President Barack Obama on Tuesday extended the tenure of US Federal Reserve Chairman Ben Bernanke by another term.
Geithner and Bernanke held talks with India's major multinational corporations.
The Federal Reserve chairman highlighted the recent recovery in consumer spending and said there were "signs of bottoming" in the housing market.
Key among those would be US Federal Reserve Chairman Ben Bernanke's speech late on Monday evening, fourth-quarter earnings report by information technology major Infosys Technologies and India's industrial production data during the week.
In a speech to the National Economists Club that echoed dovish comments by his nominated successor, Janet Yellen, Bernanke also said that while the economy had made significant progress, it was still far from where officials wanted it to be.
Taking a cue from his hero Abaraham Lincoln, US President Barack Obama should discharge his economic commanders -- Treasury head Timothy Geithner, Fed chairman Ben Bernanke and SEC chief Mary Schapiro -- for not being up to the task, media moghul Steve Forbes has said.
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was on Monday awarded to Ben S Bernanke, Douglas W Diamond, and Philip H Dybvig for their research work on bank regulation and how financial crises should be managed.
It isn't Rajan ignoring money as much as it is Bernanke ignoring capital and exchange rates.
On speculative front as well, non-commercials have decreased bullish bets on COMEX silver futures and options to a three-month low.
The US Federal Reserve chairman Ben S Bernanke has been named as the 'Person of the Year 2009' by the leading American magazine Time.
Markets are also watching a meeting in Moscow of G20 finance ministers for signs of an orchestrated approach to the end of US money-printing, which could help defuse volatility in global markets.
The rupee had strengthened by 20 paise to close at 55.11 against dollar in Tuesday's trade on fresh selling of US currency by exporters.
US Federal Reserve Chairman Ben S Bernanke held talks with RBI Governor Duvvuri Subbarao in Mumbai.
The world economy has been run for too long by finance enthusiasts. It is time that finance sceptics began to take over.
A strong and stable dollar is both in the American interest and in the interest of the global economy, US Federal Reserve Board chairman Ben Bernanke said on Wednesday.
Some investors had speculated that the US central bank might put its plans on hold given the jitters overseas.
Federal Reserve chairman Ben Bernanke touched off the biggest one-day rally in US stocks this month by hinting that the Central Bank is almost done with raising interest rates. The indices had their biggest rise since June 29.
Buffett said the economy is benefiting from improvement in areas that had not previously performed well, particularly homebuilding.
The rupee on Thursday plunged by a whopping 130 paise to hit life-time low of 60 against the US dollar in early trade on the Interbank Foreign Exchange on strong demand for the American currency from banks and importers
Gold has dulled a lot lately but investors could still take a shine to it.
Winding down quantitative easing will be messy for the West and a big problem for India.
Fed move based on US economic recovery, which should boost India's exports, narrow CAD and help curb 'imported' inflation
Rupee has strengthened but is this sustainable.Or are we staring at a slip very soon.
Before jumping to build a portfolio of stocks impacted by the recent reforms, choose the ones which will benefit the most.
The Nifty touched a high of 4,861 in the morning session, but gave up all the gains and closed at 4,747, down 92 points
Breakfast meeting between Timothy Geithner, US treasury secretary, leading industralists due Wednesday.
Jindal Steel top loser among the Sensex stocks, slips 10% in the intra-day deals.
Dollar selling by exporters & banks, amid higher opening in domestic equity market supported rupee.
Everything seems to be falling in place for the new RBI governor but there is a need to prepare for the imminent tapering by the Fed.
The broader markets traded higher with mid-caps and small-caps gaining 0.2-0.3 per cent on the BSE.
Markets slipped into negative terrain in late noon deals weighed down by profit taking in bank shares.
The overall breadth is positive as 873 stocks are advancing while 425 are declining.
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