Article 34XCF All change at the Fed? Yellen's term ends soon but Trump won't say if she'll stay

All change at the Fed? Yellen's term ends soon but Trump won't say if she'll stay

by
Edward Helmore in New York
from Economics | The Guardian on (#34XCF)

The president, true to form, has been teasing the public about the identity of the next Fed chair, and Wall Street is watching with interest - and some anxiety

The Federal Reserve chair, Janet Yellen, will end her term in February, and Donald Trump has yet to say if he will follow tradition and renominate the Obama-appointed incumbent to a second term - or nominate someone of his own choosing.

Related: The great unwinding: Fed begins slow demise of its post-crash stimulus

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