Ed Quoted at Bankrate on the Selection of the Fed Chair

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Janet Yellen: Choice for Federal Reserve chair
By Michele Lerner, Bankrate.com


​​As vice chair, Yellen has supported the positions of outgoing Fed Chairman Ben Bernanke, and people assume she’ll continue the Fed’s easy-money policies and focus on job growth, says Edmund Moy, a former director of the U.S. Mint.

​​”She’s not known to follow any particular economic philosophy, so there’s some risk there since no one really knows what she might do,” Moy says.

Read the full story at Bankrate.com.

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