Latest Janet Yellen News

A Trump dilemma: Finding a dovish GOP ally to serve on Fed

May. 2, 2019 1:43 PM EDT

WASHINGTON (AP) — The withdrawal Thursday of Stephen Moore, President Donald Trump's choice for the Federal Reserve board, has thrown a spotlight on the tough task Trump has set for himself: Finding a rare conservative ally who both favors cutting interest rates and is respected enough to win Senate...

UK begins search for new Bank of England governor

Apr. 24, 2019 10:27 AM EDT

LONDON (AP) — The British government on Wednesday started the process to appoint the successor to Mark Carney as governor of the Bank of England, and indicated it is willing to look abroad again to get the right person. Carney, a Canadian who in July 2013 became the first foreigner to head the Bank of...

Trump choice of Herman Cain for Fed board could face hurdles

Apr. 4, 2019 6:38 PM EDT

WASHINGTON (AP) — President Donald Trump said Thursday that he intends to nominate Herman Cain, a conservative political ally and former presidential candidate, for a seat on the Federal Reserve board. "I've told my folks that's the man," Trump told reporters in the Oval Office, adding that Cain is...