Obama to nominate Janet Yellen to head US Federal Bank

09.10.2013                      05.Cheschwan.5774

Washington:

Obama to nominate Janet Yellen to head US Federal Bank

Jewish economist to be the first woman to head the world's most influential central bank, providing relief to markets.

US President Barack Obama will nominate Fed number two Janet Yellen on Wednesday to run the world's most influential central bank, providing some relief to markets that would expect her to tread carefully in winding down economic stimulus….