It’s Going to Stay a Yellen Fed No Matter Who Gets the Job Bloomberg News on October 27, 2017 “The only reason Taylor is a high-rate person” in the minds of investors “is that he has a dramatically higher R-star estimate than anybody else on the committee,” said former Fed Governor Laurence Meyer, who doesn’t […]
Day: October 27, 2017
The market is eagerly awaiting the President’s decision on Fed Chair. We wrote about the White House’s criteria and our assessment. (See Checking the Boxes: The White House’s Criteria for Fed Chair.) Policymakers’ Comments Low inflation was cited as a reason to let labor market improvement continue. Williams said: “A couple more years of roughly 4 […]