Financial Times: Why Yellen should be the next Fed chair
I posted earlier the news that some are now saying Larry Summers is front runner for the Fed chair job.
Here’s an article from FT Alphaville about why Yellen would be a far batter choice: (gated but can be read with free registration):
- She is more qualified for the job as a monetary policymaker
- She has a much better track record than Summers at diagnosing economic conditions in real-time
- She is an excellent communicator of Fed policies
- Her views on monetary policy are clearer than Summers’