Should Federal Reserve stick with higher interest rates? Larry Summers comments
Even if the Fed's tightening effort has had a minimal influence on several US indices, Larry Summers cautioned that change typically happens abruptly...
Tag : Larry Summers
The Most Powerful Central Banker in the World
Yellen, 67, presently the vice-chairwoman of the Board of Governors of the Federal Reserve System will be the first woman to head the central bank in its 100 year old history. 10th October 2013 At a time where women are taking over coveted positions in corporates and other sectors, the banking sector is no exception....
Will “Revolving Door” Stand as an Obstacle to Fed’s Chair?
Who will take over the most coveted administrative positions in the world. September 10, 2013 : In the early 1990’s America experienced a bout of recession due to the moves by the U.S. Federal Reserve to raise interest rates and Iraq’s invasion of Kuwait in the summer of 1990, the American housing market collapsed as a...