By BINYAMIN APPELBAUM Published: October 22
The next significant event for monetary policy is not the Federal Reserve’s meeting Tuesday and Wednesday, which is likely to pass quietly, but the presidential election two weeks later. Alex Wong/Getty ImagesBen Bernanke’s term as Fed chairman does not end till 2014.RelatedDealBook Column: Casting Dual Roles, at Treasury and the Fed October 22, 2012 Lucas Jackson/ReutersR. Glenn Hubbard is a possible Romney nominee to lead the Fed. Ted S. Warren/Associated PressJohn TaylorMitt Romney, the Republican nominee, has said that he opposes the Fed’s efforts to stimulate the economy as ineffective and inflationary. And as president, he has promised to appoint a new Fed chairman.
via Presidential Election Weighs on the Federal Reserve – NYTimes.com.