Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

World News

Janet Yellen to hit spotlight as leader of US Fed Reserve


Print article Print article

2014-03-20 08:33:59 - Washington : Janet Yellen will create a buzz around into the banking sector when she will begin her first meeting as the Fed Chair, a position she assumed on February 3 this year.

Yellen took over the charge when Ben Barnanke after a strong eight-year profile called it quits as the Fed Chair.

Yellen’s action is believed to take up Barnanke’s approach of keeping interest rates low in parallel to the Fed’s economic stimulus.

Analysts are of the view that Fed will announce a third straight reduction in the monthly pace of its bond purchases from $65 billion to $55 billion.

Reductions are supposed to continue this year until the bond purchase end completely by December 15.

The Fed’s bond purchases are meant to keep the long term borrowing rates low to boost growth, a decision signaling its belief that economy is showing consistent improvement.

Yellen spoke of continuing policy of Bernanke,

under whom she served as Vice Chair.

View More: www.janpratinidhi.com/News/T831/Janet-Yellen-to-hit-spotlight-as ..

Janpratinidhi Times or JPC Times, a multi media news platform for Latest News, views and updates in Hindi or English. The portal is being geared to provide Breaking News and at a later stage News in vernacular languages including Hindi News. The platform provides Latest Political, Business, Entertainment, Sport, Crime, Government, Gram Panchayat, Jila Parishad, Current Sport, Cultural and Lifestyle News.





Press Information:
JANPRATINIDHI.COM

C-53, Shashi Garden, PKT-5, Mayur Vihar, Phase -1

Contact Person:
Manjeet
Digital Marketing Analyst
Phone: 011-43082946
email: email

Web: www.janpratinidhi.com

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com