The Trump administration has indicated that they will select a Federal Reserve Chair within the month. Below is the Predict It prediction market for the top 6 candidates. Over the next couple of days, I’ll give an outline of each candidate … hopefully before the nomination.
First blog post and FOMC list.
This blog, ultimately, is my attempt to aggregate all of the most important stories about the Federal Reserve into once place. I’ve been following the FOMC since starting my finance career as a fixed income trader during the heart of the 2008 Financial Crisis. My goal with this blog is to aggregate some of the most important news about the most important club in the world.
To start this blog, I feel like the most important thing to do is let you know about whom I will be writing. The Federal Open Market Committee is by far the most important group of people when it comes to monetary and economic policy, and most people have no idea who they are. The seven members (only four as of this writing) of the Board of Governors serve fourteen year terms, and a rotating panel of the eleven regional Federal Reserve Bank presidents serve as voting and nonvoting members.