M&A Blog

Week in Review: Yellen, Loans, and Men’s Wearhouse

Two days ago, despite the ongoing government standstill, Obama appointed the next Fed Chair, Janet Yellen. Her nomination was not a major surprise — especially after Summers dropped out last month.

Once she takes the helm from Bernanke in early 2014, Yellen’s biggest challenge will be determining the best QE policies. Her track record, though, should serve as a good forecast. As a recent WSJ article highlighted, “With inflation running below its 2% target, the central bank can afford to keep the nation’s credit spigots wide open to encourage economic growth and hiring, she has argued.” Don’t expect her to let any big banks off the hook, either.

For some fun, here are 9 interesting facts about our first ever Fed Chairwoman.

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