ROSENBERG: Everyone obsessing over who becomes the next Fed chair is doing it wrong
|10/21/2017||Posted by BusinessMediaguide.Com under General World News||
- President Donald Trump has left markets in suspense as he considers who to nominate as the next Fed chair.
- His pick is not as relevant as many are making it out to be because with a few exceptions, Fed chairs are not bigger than the institution they oversee, Gluskin Sheff’s David Rosenberg argues.
- The next chair will direct the huge task of slowly reversing the Fed’s accommodative policies without causing another recession.
The race for chair of the Federal Reserve is heating up.