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Transcripts For KCSM Taiwan Outlook 20131010

And also coming up, we will be looking at mexicos economy and efforts to keep inflation under control, and we will be taking a look at europes fracking industry and how it is struggling to get on track. Lets check with philip yen, who is at the white house with the latest on Janet Yellens nomination. The big story is janet yellen nominated as the next chairwoman to replace ben bernanke. She wasnt the first choice, but she seems like a safe choice. That may be just what the president needs. Larry summers bowed out of consideration for the post. President obama announced his nominee for chairman of the u. S. Reserves. Janet yellen. The nomination comes as the Federal Reserve is considering how and when to ees economic stimulus policies went to ees economic stimulus policies. She is expected to keep Interest Rates low for the immediate future despite fears the feds policy may lead to immediate inflation. We can make sure it is in check and does not undermine the benefits of a growing econ

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