Arab Today, arab today us senate confirms fischer as fed vice chair
Last Updated : GMT 18:22:15
Arab Today, arab today
Arab Today, arab today

US senate confirms Fischer as fed vice chair

Arab Today, arab today

Arab Today, arab today US senate confirms Fischer as fed vice chair

Stanley Fischer
Washington - SPA

 The U.S. Senate on Thursday confirmed Stanley Fischer to serve as vice chairman of the Federal Reserve (Fed), a role that gives him a powerful position to shape U.S. monetary policy.
Fischer, the former chief of the Bank of Israel, won confirmation last month as a member of the Fed board.
Fischer is a widely respected economist who is expected to be an important ally of new Fed Chair Janet Yellen as she crafts a strategy to withdraw the central bank's extraordinary support for the economy.

 

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