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To: KavMan
She is a Democrat, she could tank the market just before the 2020 Election by raising interest rates too much or something else the markets don't like!

Yellen didn't raise interest rates; the Fed Open Market Committee did. Yellen was only one vote out of nine. Powell will be one vote out of eight until Trump fills the four vacant board of governor positions.

66 posted on 02/06/2018 5:48:12 AM PST by DoodleDawg
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To: DoodleDawg
Yellen didn't raise interest rates; the Fed Open Market Committee did. Yellen was only one vote out of nine. Powell will be one vote out of eight until Trump fills the four vacant board of governor positions.


Isn't the Fed Chair the most important voice? If he/she says no to interest rate hikes then it doesn't happen?

67 posted on 02/06/2018 5:51:33 AM PST by KavMan
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