Donald Trump is considering replacing Janet Yellen as the head of the Federal Reserve Bank, the agency that oversees the nation’s money supply and sets interest rates all over the country.
Tag - janet yellen
Federal Reserve Chair Janet Yellen is expected to announce an increase in interest rates one quarter of one percent. Don’t everybody panic at once.
If the Fed sends the wrong signals, it can lead to massive amounts of money being invested in the wrong places. The result is an economy-wide recession.