Hints and tips:
...“You have to worry about things you can’t see, that tend to build up in good times when people get complacent and optimistic,” Mr Kohn said....
...Mr Trump “is tossing a lot of fuel on the fire”, says Sarah Binder, a professor of political science at George Washington University....
...Donald Kohn retired earlier this month, and the Senate has yet to vote on Obama’s three nominees (Janet Yellen, Peter Diamond, and Sarah Bloom Raskin)....
...Other names considered to fill additional vacant slots at the Fed are likely to include Sarah Bloom Raskin, Maryland’s commissioner of financial regulation and someone who would improve the Fed’s damaged...
...Her move to vice-chairman is not expected to alter US monetary policy, since her views are generally similar to Mr Kohn’s....
...The FOMC statement came on the eve of Thursday’s planned announcement by Barack Obama, US president, that he intends to nominate Janet Yellen, president of the San Francisco Fed, to replace Don Kohn, the...
...Chris Dodd, Democratic chairman of the banking committee, said Mr Kohn’s refusal was “not a satisfactory answer”....
...The disquiet among committee members about how taxpayers’ money is being spent was palpable on Wednesday, and follows a similar grilling last week by the Senate banking committee of Donald Kohn, vice chairman...
...Donald Kohn, vice-chairman of the US Federal Reserve, added his voice to a string of comments from the Treasury and Fed about the importance of keeping a lid on inflation in the face of booming commodity...
...That came late on Wednesday when Ben Bernanke’s deputy, Donald Kohn made dovish comments that convinced markets the central bank would cut US interest rates in December....
...Reporting by Javier Blas, Sarah O’Connor and Robert Cookson in London...
International Edition