US 'open' Fed aim could suffer under Trump
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Abstract
Author information unavailable
Abstract
Significance The scheme is part of a year-long review of Fed monetary policy strategy and tools, and communication practices, with a research conference canvassing views about Fed policy tools and responsiveness to citizens’ views coming in early June. Impacts Herman Cain, Trump or both could decide to discontinue Cain’s Fed board nomination. Stephen Moore’s chances of nomination to the Fed board seem stronger; he will probably be confirmed. If Trump is re-elected, he could decide not to nominate the current Fed chair again in 2022. The Fed’s one-year review could see it augment the range of economic metrics it uses.
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Significance The scheme is part of a year-long review of Fed monetary policy strategy and tools, and communication practices, with a research conference canvassing views about Fed policy tools and responsiveness to citizens’ views coming in early June. Impacts Herman Cain, Trump or both could decide to discontinue Cain’s Fed board nomination. Stephen Moore’s chances of nomination to the Fed board seem stronger; he will probably be confirmed. If Trump is re-elected, he could decide not to nominate the current Fed chair again in 2022. The Fed’s one-year review could see it augment the range of economic metrics it uses.
Key concepts: NOMINATE, Nomination, Political science, Law and economics, Public relations, Economics, Law, Computer science