Who Will Be the Next Fed Chair? The 3 Most Likely Candidates

Jon Banking, Economy, Fiscal Policies, Market Commentary

This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission.
Ladies and gentlemen, place your bets. U. S. President Donald Trump announced last week he will name the next Federal Reserve Chair in the next two or three weeks.
And there are three leading candidates for the job, who we’ll detail for you in just a minute…
Since the financial crisis in 2008, the Fed has exercised enormous power over the economy through interest rates and the supply of money available for the economy. Market pundits were left scrambling for legitimacy as ZIRP (zero interest rate policy) and QE (quantitative easing) stomped out the efficacy of traditional forms of investment analysis.

This post was published at Wall Street Examiner by Money Morning Staff Reports ‘ October 4, 2017.