(Il Sole 24 Ore Radiocor Plus) – New York, 09-nov – Considered the independence of the Fed, the resignation of Yellen seems unlikely. The governor definitely wants to defend that independence and does not want to create a precedent dangerous even if the administrations of Richard Nixon, Ronald Reagan and George H. W. Bush sought to put to the door the figure at the head of the central bank of the Usa. Certainly the composition of the institute of Washington is going to change in the course of the administration Trump. According to Rbs, the 45th american president likely will fill the two chairs still empty in the Board of the Fed and will do so with people that are not aligned to Yellen. ̶ 0;Even if the president Trump will be less hostile with Yellen than it has been during the election campaign, the environment in the Fed (already more tense than usual, there will be more and more divided,” says Rbs. The appointment of Yellen ends in February 2018. The next year to enter the Federal Open Market Committee will be Neel Kashkari, the head of the Fed of Minneapolis, who is now preferred to “wait and see” to determine the impact of a presidency Trump on the economy. According to the consultants of Trump felt by the Financial Times, the republican focalizzera more on fiscal measures and less on those monetary. It is, therefore, the infrastructure costs, tax reform with cuts in rates for people and companies, and deregulation to push the growth. Because – and this says by the time the Imf – central banks alone is not enough. Its consultants provide to the FT that the 45th us president will be’ more’ reliable, predictable, calm, and conciliatory of the Trump candidate. It seems that the markets, at least in the aftermath of the elections, will bet on this.
A24-Spa
(RADIOCOR) 09-11-16 21:39:02 (0958) 5 NNNN
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