Analysis: Regulatory opinions important for Fed chair

08/20/2013 | Reuters

President Barack Obama will consider both the monetary-policy and regulatory opinions of the candidates to become the next chairman of the Federal Reserve, according to some analysts. "We are used to thinking about inflation or unemployment, but the Fed has taken on a massive role as a financial regulator, and I think that is going to be a much larger task for the new chairman," said John Cochrane, a professor at the University of Chicago's Booth School of Business.

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