Sep 18, 2013

Fed chief form guide: who will replace Ben Bernanke?

It's perhaps the most important economic post in the world. But with a leading contender in the wings, why is Barack Obama delaying a decision on who'll replace Ben Bernanke?

Myriam Robin — Media Reporter

Myriam Robin

Media Reporter

There’s arguably no economic decision-maker more powerful than the Federal Reserve, America’s central bank, and no one more powerful in the Fed than its chairman. The decision to flood the economy with cash or hike up interest rates can make or break nations. And the man who’s steered America through its worst recession in decades, Ben Bernanke, is on the way out. His term expires in January.

That leaves the job of leading America’s monetary policy up for grabs. Any week now, US President Barack Obama will announce who he wants to replace Bernanke. So who’s in the mix?

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One thought on “Fed chief form guide: who will replace Ben Bernanke?

  1. klewso

    I’m amused at how the professional/paid patronising “X-spirt” media commentariat, reporting back to their “too dumb to understand” public, are shitty at Bernanke because, in their “X-spirt-ease”, they’ve raced ahead (of each other, in this scoop-race?), assumed too much and misinterpreted his recent words?

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