Economists see not much difference between Yellen fed and Bernanke's third term

Janet Yellen will monitor monetary policy, as Federal Reserve Chairman not much different than those who had followed that Ben Bernanke , he would have remained survey by Wall Street for a further term, most economists journal. A minority, but worry that the she may not tough enough to prevent a future outbreak of inflation.

Monetary policy questioned if Ms. Yellen Fed Chair, said 25 of 42 economists question answered that it otherwise, as if Ben Bernanke would be stayed. "For the first year-or-so, Janet Yellen followed ' the Bernanke template,'" said Allen Sinaiofdecisioneconomics.

Only one defendant, Lou CrandallofWrightson ICAP thought Ms. Yellen hawks or more concerned about inflation, Mr. Bernanke could be. Mr. Crandall suggested she could inform the Committee policy setting with some of the Falcons.

A large group, but 16 of economists believed that Ms. Yellen are more leader, or less about inflation, as Mr. Bernanke worried.

If 60% of the respondents said that they were convinced at least some of it, that Ms. Yellen quickly, to catch will be over 2.5% inflation, about one in five expressed some doubts.

RAM BhagavatulaCombinatorics headl, who said he was not confident that she would act quickly, pointed out that it would all depend on the labour markets. If unemployment in the midst of faster inflation remained high, Ms. Yellen would hesitate to act. "she will be focused on unemployment," agreed Stephen StanleyofPierpont Securities.

Although there is some doubt, expect most economists Ms. Yellen inflation control effort, when the threat comes. "Yellen dual mandate takes very seriously, so it has an ' Falcon ' on inflation would be 2.5% or more", Mr. Sinai said.