«The choice of Williams... would in effect have chosen to prioritize
monetary policy expertise over first - hand experience of financial markets and diversity considerations pushed by some,» wrote Krishna Guha, Fed watcher at ISI Evercore and a former NY Fed official.
But people familiar with the deliberations say Williams»
monetary policy expertise became more important, because of the failure of the White House to nominate a vice chairman for the Federal Reserve.
Not exact matches
The New York Fed named Federal Reserve Bank of San Francisco chief John Williams as its next president, touting his
monetary -
policy expertise despite criticism over his supervision of Wells Fargo and calls for a woman or minority candidate to fill the post.
Tokens, for instance, require
expertise in
monetary policy, something belonging to the domain of economy, according to Narula.
As a senior advisor, Mr. Sack will provide analytical
expertise and guidance with respect to
monetary policy, financial markets and the U.S. economy.
That has prompted experts, as well as some Fed officials, including Williams, to argue that this would be a good time for the central bank to rethink how it approaches
monetary policy, something that
policy - makers will have to do without Yellen's long experience and
expertise in economics.
Each member has
expertise in the field of economics and
monetary policy.
Areas of
Expertise: Value investing, Federal Reserve
monetary policy, elections and capital market returns, portfolio management, financial ethics
Because of our role in making
monetary policy, the Fed brings unparalleled economic and financial
expertise to its oversight of banks, as demonstrated by the success of the stress tests.
At the same time, our ability to make effective
monetary policy and to promote financial stability depends vitally on the information,
expertise and authorities we gain as bank supervisors, as demonstrated in episodes such as the 1987 stock market crash and the financial disruptions of Sept. 11, 2001, as well as by the crisis of the past two years.