Saturday, 30 September 2017

New Fed Playbook? Yellen Out? Warsh In?

Mish Talk:

In July, rumor had it that National Economic Council director Gary Cohn was a shoo-in to replace Yellen.
That belief vanished when Cohn criticized Trump’s response to racial violence in Charlottesville.
The smart money now believes former Federal Reserve governor Kevin Warsh is the favorite. Warsh met with Trump today.

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