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What to expect from Trump’s appointment of a Fed chair

The Federal Reserve has enormous influence over the economy and financial markets. Most observers think it’s possible, but unlikely, that President Trump will reappoint Janet Yellen to another 5-year term as Federal Reserve chair when her current term expires in February 2018. Here’s who’s thought to be in the running, and the implications their appointment would have for Fed policy going forward. (Click to enlarge)

 


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