Federal Reserve Chairman

President Barack Obama has nominated Fed Vice Chair Janet Yellen to replace Bernanke when his terms ends on January 31.

Wall Street wants Yellen, not Summers, as next Fed chief

Wall Street overwhelmingly believes President Obama will and should pick Janet Yellen to be the next chairman of the Federal Reserve, according to a survey.

Bernanke expected to deliver dovish message

Ben Bernanke is expected to maintain his dovish tone when he speaks to Congress Wednesday, and he is likely to dispel any notion that the Fed is ready to cut back on its easing policy

Bernanke unlikely to upset mkts; may not cut QE3: AMP Cap

Shane Oliver of AMP Capital Investors thinks that US Federal Reserve Chairman Ben Bernanke is unlikely to upset the financial markets as that will undo a lot of good work done by him over the last year in terms of trying to push those markets higher as aid to the US economy

Trading cautious after Greek deal delay

08.00 GMT: Markets lacked conviction at the beginning of the European trading day as the failure to secure the latest bail-out for Greece and fresh warnings about the US fiscal cliff kept assets in a tight range.

QE3 likely to be discounted: Quam Asset Management

The Federal Reserve’s Jackson Hole meeting is scheduled for later tonight. In an interview to CNBC-TV18, Quam Asset Management’s chief executive Richard Harris gave a view on the awaiting signals from the meeting and what could be expected from it.