Wednesday, January 29, 2014
(Washington, DC) -- Federal Reserve Chairman Ben Bernanke is wrapping up his final round of meetings as head of the U.S. central bank today. Turmoil in emerging markets and disappointing job growth here at home will likely not deter the Fed in its effort to scale back federal stimulus buying. That bond buying was a key component of Bernanke's tenure and helped spur a slow economic recovery amid a historic American recession. Vice Chair Janet Yellen will take the helm, becoming the first woman to lead the Federal Reserve.