And here’s the Wall Street Journal’s Jon Hilsenrath again, this time discussing how the handling of the winding down and exit from quantitative easing could fall to Janet Yellen, current federal reserve vice-chair and ‘top contender for the job (of Fed chief), assuming Mr. Bernanke steps down when his term ends in January.
This is another article where the subtext seems to be preparing the market for the tapering of bond purchases and the scaling back of quantitative easing, but again he states clearly “the timing of the withdrawal is still being debated.”
A Top Contender at the Fed Faces Test Over Easy Money (The Wall Street Journal is often gated, so if you’re unable to access the article try a a Google news search using the headline)
