Bernanke is to appear before the Senate Banking Committee as part of the run-up to him taking over the reins from Alan Greenspan as Fed chairman from February 2006.
Analysts will be listening closely to hear if Bernanke, a proponent of inflation-targeting, hints at any institutional changes at the Fed or if his views on the state of the US economy differ from that of Green
- Making the rules and breaking the mould (Allan Meltzer: 1928–2017)
- Commission should have power to order CCPs to relocate to EU – Cœuré
- Asset purchase programme is key to central bank credibility – ECB paper
- BoE’s Haldane examines changing nature of work
- Indonesian banks will switch to reserves averaging in July