Janet Yellen to be new Fed Chairperson?Submitted by Bob-45 on Mon, 09/16/2013 - 00:35
Posted on Saturday, September 14, 2013
Janet Yellen at a crucial point in Fed's future
By JIM PUZZANGHERA AND DON LEE | Tribune Washington Bureau
WASHINGTON — Two momentous decisions involving the Federal Reserve are coming to a head, with significant implications for the U.S. and global economies.
Janet L. Yellen, a former University of California, Berkeley economist, stands in the middle of both of them.
As vice chair of the central bank, Yellen will take a leading role this week, when policymakers decide whether to start rolling back the Fed's massive monetary stimulus after several years of providing extraordinary support for the weak economy.
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