US President Barack Obama has nominated Janet Yellen to be the next chair of the Federal Reserve. She would be the first woman to hold the post, and faces the task of winding down the Fed's massive stimulus program.
The US Federal Reserve has raised its key lending rate by another quarter-point — the second time in 2018, and aimed at staying ahead of growing inflation amid strong growth and robust employment.
The European Central Bank wants to end its €2.4 trillion bond-buying program at the end of 2018, calling time on a policy that is credited with reviving the eurozone but may come too soon for some debt-laden countries.
The planned US tariffs on steel and aluminum have not gone down well with the United States' trading partners. With trade tensions intensifying, will we also see a currency war to make things even worse?
Yi Gang takes over the reins of the People's Bank of China (PBoC) at a time when it is rapidly gaining global influence. But his key challenge would be domestic: tackling ballooning debt and ensuring financial stability.
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