Over the weeks and months ahead, markets will watch Fed Chair Janet Yellen and President-elect Donald Trump to see if she resigns, he asks her to resign or they find a way to coexist.
Trump harshly criticized Yellen during campaign, saying at one point “I think she is very political and to a certain extent, I think she should be ashamed of herself. Because it is not supposed to be that way,” he said.
Few Fed observers could recall a presidential nominee so openly and harshly criticizing the Fed or the Fed chair, making some question whether Yellen can continue in the job.
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