Fed chair Yellen announces she will also leave board of governors seat when successor Jerome Powell is sworn in

Market news

21 November 2017

Fed chair Yellen announces she will also leave board of governors seat when successor Jerome Powell is sworn in

Yellen would be eligible to continue as a Fed governor until 2024 even after her term as chair expires in february

Trump says treasury department will announce further sanctions against North Korea today

BoE's Ramsden, asked about unwinding QE, says considerations won't come into play until bank rate is at level from which can be materially cut, so around 150 basis points

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