Yellen Is Not More Dovish Than Bernanke: Orszag

Oct. 9 (Bloomberg) -- Peter Orszag, vice chairman of corporate and investment banking at Citigroup Inc. and former director of the Office of Management and Budget, talks about President Barack Obama’s expected nomination of Janet Yellen as chairman of the Federal Reserve. Orszag, speaking with Erik Schatzker, Scarlet Fu and Michael McKee on Bloomberg Television's "Market Makers," also talks about U.S. debt-ceiling negotiations. Christopher Ailman, chief investment officer of the California State Teachers’ Retirement System, also speaks. (Peter Orszag is a Bloomberg View columnist. The opinions expressed are his own. Source: Bloomberg)

IMF Adds Yuan to Basket of Reserve Currencies
19:09 - The IMF will add the yuan to its basket of reserve currencies, an international stamp of approval of the progress China has made integrating into a global economic system dominated for decades by the U.S., Europe and Japan. (Source: Bloomberg)
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