New chair of Federal Reserve

5 Sep 2013 13:59|

Date: 30.07.2013

The discussion regarding the election of the new Federal Reserve chair has started a few days ago. Only two candidates are significant in this game – the former Secretary of the Treasury, Lawrence Summers and the reigning Fed’s vice-chair, Janet Yellen. Which one of them has bigger chances to be appointed by President Barrack Obama and whose interests do they represent?

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