Sentences with phrase «sharp change in monetary policy»

Powell, appointed to the Fed board in 2012 by then - President Barack Obama, emerged as Trump's choice from a five - person slate of possible nominees that included Yellen as well as others who would have represented a sharp change in monetary policy.

Not exact matches

Nonetheless, the Fed is likely to change the way it conducts monetary policy in the future, avoiding as much as possible episodes of sharp & prolonged discrepancies between market rates and the Fed funds rate (remember the Fed funds rate at 1 % for... months!).