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Frontrunner for Federal Reserve Chair Pulls Out

Larry Summers has withdrawn from the race to be the new head of the US Federal Reserve. He was a frontrunner to succeed Ben Bernanke as chair of the US central bank. Who next?

Former US Treasury Secretary Larry Summers has withdrawn from the race to be the new head of the US central bank. He was the frontrunner to succeed Ben Bernanke as head of the Federal Reserve, one of the most powerful jobs in the US. And Germany is due to stage an election which could see Angela Merkel re-elected for another four years at the helm of Europe's most powerful economy. We find out how Germans feel about the state of their country's finances.

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29 minutes

Last on

Mon 16 Sep 2013 16:32GMT

Broadcast

  • Mon 16 Sep 2013 16:32GMT