The Trader 

Central bankers lead the way

The Trader

A fortnight ago the central banks of Britain and the United States made decisions that were (supposedly) eagerly awaited by market participants. The first, and subtler one, was whether Janet Yellen would remain as Chair of the Board of Governors of the Federal Reserve System. Her tenure ends in February 2018 and, as I understand it, unless one specifically asks to step down, the job continues for another four-year term. President Trump ditched her, she who many believe is the softest dove in the coop; strange but true.

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