US Senate confirms Jerome Powell as next Fed chairman
Powell is to succeed current Fed chair Janet Yellen, when her terms expire on February 3.
Jan 24, 2018, 09:42 AM IST
Gold price eases from six-week high ahead of Fed chair confirmation
Low rates cut the opportunity cost of holding non-yielding assets such as bullion, while depressing the dollar, in which it is priced.
Nov 28, 2017, 17:36 PM IST
Janet Yellen to step down from Federal Reserve board
Yellen's decision gives Trump in his first year in office the chance to fill five positions on the Fed's seven-member board, in addition to picking Powell to be the next Fed chairman.
Nov 21, 2017, 07:14 AM IST
