According to a study, President Obama is anticipated to choose Janet Yellen as the next chairman of the Federal Reserve after Ben Bernanke. The Fed study was arranged by CNBC’ so as to get a feel of the President’s pick. Bulk of the individuals in the study think that Obama is going to pick Yellen.
The individuals in the study consisted of traders, economic experts and strategists, who believed that the most essential quality that the brand-new Fed chairman ought to bring is the competence in the financial policy. The brand-new Fed chief must be able to manage these problems and have regard from monetary markets.