The list of potential Federal Reserve chairs keeps shrinking, but the choice is increasingly between the status quo and a pick who undercuts candidate Trump’s populist claims on trade.
It takes some mental gymnastics to argue the administration shouldn’t just do what every president since Ronald Reagan has done: reappoint the chair — Janet Yellen. But, given the Trump presidency to date, prediction markets can be forgiven for betting on mental gymnastics. So what do the gymnastics look like?
The above excerpt was originally published in MarketWatch.
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