November 2, 2016

Clinton Win Would Support Yellen's 'High-Pressure Economy': JPM

Democratic control of the White House and Senate would fill 2 current Fed board vacancies with governors more like-minded to Yellen to support her "high-pressure economy" thesis, JPM economist Michael Feroli writes in note before Fed decision. More likely Clinton will choose her own nominees rather than re-nominate Obama's choices of Kathryn Dominguez and Allan London Brainard on Clinton administration coupled with Democratic Senate would have little net effect on board's composition as she'd li

Source: Bloomberg Politics