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The new federal chair

Posted on 9/16/13 at 3:04 pm
Posted by slutiger5
Parroquias de Florida
Member since May 2007
10666 posts
Posted on 9/16/13 at 3:04 pm
It's said that Janet Yellen wants to bring back the interest rates and end all stimulus prints. Would her nomination cause another massive dive in the market?
This post was edited on 9/16/13 at 3:07 pm
Posted by LSURussian
Member since Feb 2005
126969 posts
Posted on 9/16/13 at 3:06 pm to
No.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 9/16/13 at 3:08 pm to
quote:

It's said that Janet Yellen wants to bring back the interest rates and end all stimulus prints

wut
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5607 posts
Posted on 9/16/13 at 3:14 pm to
quote:

It's said that Janet Yellen wants to bring back the interest rates and end all stimulus prints. Would her nomination cause another massive dive in the market?

Not true and no.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 9/16/13 at 3:53 pm to
quote:

It's said that Janet Yellen wants to bring back the interest rates and end all stimulus prints


Not sure if serious.
Posted by Bengalroar
Member since Aug 2013
887 posts
Posted on 9/16/13 at 6:08 pm to
Janet doesn't read this board, so there is no point in trolling her.
Posted by Turkey_Creek_Tiger
Member since Dec 2012
12343 posts
Posted on 9/16/13 at 7:10 pm to
quote:

It's said that Janet Yellen wants to bring back the interest rates and end all stimulus prints.


I thought she was a Keynesian?
Posted by Blakely Bimbo
Member since Dec 2010
1183 posts
Posted on 9/17/13 at 8:12 am to
Janet Yellen is married to economist George Akerlof.

Google "Efficiency Wage Models of the Labor Market".

Yellen is going to promote continuing monetary policy. The FED is likely to taper, but they are not ending the policy and they are certainly not raising the discount rate anytime soon.

Yellen believes that inflation can be tolerated if it boosts employment.
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