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General Discussion >> America >> Movement at the Fed
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Message started by bogarde73 on Feb 12th, 2017 at 11:29am

Title: Movement at the Fed
Post by bogarde73 on Feb 12th, 2017 at 11:29am
There are now 3 vacancies on the board of the Federal Reserve.
Chairman Yellen stands down next February but can continue sitting as a governor. A further member's term expires later next year.
So that gives Trump 4 possibly 5 appointments to make and thus in a strong position to influence monetary policy.

He is known to disagree with the present QE/low interest rate policy.

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