Trump Will Shitcan Yellen When He's Elected.

[SeniorChief_Polock]

And he's already said he's firing 95% of the GOP.
Fags will be next on his agenda.
Then the DRAFT, so our brave young men and women can have a well deserved rest, while you commies and fairies can serve as cannon-fodder in Obama's latest illegal war in Iraq.

The tables are already starting to turn, 'tards.

Trump raises prospect of replacing Yellen - FT.com

 

[TheOldSchool]

Lol you're a hoot Polock

 

[Harry Dresden]

Lol you're a hoot Polock

he is a fag too....claims he gets a boner when trump speaks.....and spent the evening with a gay guy just to see what all the fuss is about...but yea he is a hoot...lol

 

[daws101]

Lol you're a hoot Polock

he is a fag too....claims he gets a boner when trump speaks.....and spent the evening with a gay guy just to see what all the fuss is about...but yea he is a hoot...lol

The chief was in the Navy, the gayest of all
Military branches .
Not quite as gay as pro football but close.

 

[Katzndogz]

Yellen has distinguished herself by doing nothing.

 

[waltky]

Yellen leanin' toward interest rate hike...

Fed's Yellen sees stronger case for interest rate hike
Fri Aug 26, 2016 - The Federal Reserve is getting closer to raising interest rates again, the head of the U.S. central bankand other policymakers said on Friday in comments that left the door open for a hike as early as next month.

Fed Chair Janet Yellen told a global monetary policy conference that the case for a rate increase had grown stronger, while Fed Vice Chair Stanley Fischer suggested a move could come at the central bank's September policy meeting if the economy was doing well. Although U.S. government data earlier on Friday showed the economy growing only sluggishly in the second quarter, Yellen said a lot of new jobs were being created and economic growth would likely continue at a moderate pace. "I believe the case for an increase in the federal funds rate has strengthened in recent months," Yellen said in a speech at the Fed's annual monetary policy conference in Jackson Hole, Wyoming.

Yellen said the Fed already thinks it is close to meeting its goals of maximum employment and stable prices, and she described consumer spending as "solid" while noting business investment was weak and exports had been hurt by a strong U.S. dollar. But she did not give guidance on what the central bank needs to see before raising rates. Following her remarks, investors continued to bet there were roughly even odds of an increase at the Fed's December policy meeting. "She's just kept the door open for a hike sooner rather than later," said Subadra Rajappa, an interest rate strategist at Societe Generale in Washington.

In an interview with CNBC after Yellen's speech, Fischer, the central bank's No. 2 official, said the Fed chief's comments were a sign of how close policymakers could be to raising rates if data kept pointing to a good economic outlook. Asked whether people should "be on the edge of our seat" for a rate hike in September and for more than one policy tightening before the end of the year, Fischer said, "I think what the Chair said today was consistent with answering yes to both of your questions."

Atlanta Fed President Dennis Lockhart also said on Friday that two rate hikes were possible this year, and Cleveland Fed President Loretta Mester argued for a hike soon to avoid falling behind the curve on inflation. The Fed officials' comments pushed the dollar .DXY higher against a basket of currencies. U.S. stock prices see-sawed, ending the trading session generally lower, while prices of U.S. Treasuries were mostly weaker.

MARKETS SKEPTICAL

See also:

For the Fed's Yellen 'conventional' unconventional policy is enough
Fri Aug 26, 2016 | WASHINGTON - For all the talk of a radical shift in central banking policy, from the permanent use of negative rates to helicopter money drops, Federal Reserve Chair Janet Yellen appears to believe she can tackle any future downturn using the tools currently at her disposal.

Speaking in Jackson Hole, Wyoming, on Friday after a Fed policymaker and other economists proposed a radical overhaul of central banking, Yellen argued that bond purchases and the ability to pay interest on excess reserves as well as forward guidance would be enough to combat any downturn. "Our current toolkit proved effective last December (when the Fed raised rates)," Yellen said in a speech in which she firmed up expectations of a second rate rise from the Fed, possibly as soon as September. "In an environment of superabundant reserves, the FOMC raised the effective federal funds rate...by the desired amount, and we have since maintained the federal funds rate in its target range."

So much for radical change of the type proposed by John Williams of the San Francisco Fed earlier this month. Williams made the case for an eventual move to nominal growth targeting or a shift in the inflation rate upwards to give central banks the tools to fight the next economic downturn. "Helicopters, negative rates or a higher inflation target remain confined to other central banks or academic circles," Commerzbank economist Bernd Weidensteiner wrote after Yellen's speech.

Yellen's seeming reliance on more quantitative easing was challenged at Jackson Hole by Marvin Goodfriend, a professor of economics at Carnegie Mellon University and a former policy adviser at the Richmond Federal Reserve bank, who said he believed negative rates would be a far more effective policy tool. "Interest rate policy is by far the most flexible, the least intrusive to markets, and has proven capable of targeting low inflation," he said in a presentation after Yellen spoke.

FED'S RECORD HAS COME IN FOR CRITICISM

 

[Steve_McGarrett]

Yellen is a Jew. That should be enough to fire her. Look how many Jews have been in charge of the Federal Reserve in the past. Ask yourself why that is.