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Janet Yellen will make waves next year. International Monetary Fund

What will happen when the US Fed starts hiking rates?

As the US economy emerges from recession, the prospect of the US Federal Reserve raising interest rates grabs the attention of the financial markets more and more. US rates have been close to zero for…
Incoming US Federal Reserve chair Janet Yellen must choose whether to further taper the quantitative easing program. EPA/Jim Lo Scalzo

Markets watch as Bernanke hands over to Yellen

Ben Bernanke prepares to vacate his seat as Chairman of the US Federal Reserve on Friday, making way for for Janet Yellen, just as the developed economies finally seem to be coming right. Yellen’s impact…

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