The whispers are getting louder: Ben Bernanke might be a one-term Fed chairman. (Alan Greenspan served, by the way, from 1987 to 2006.) This from economist David Hale in the Financial Times:
Ben Bernanke, the Fed chairman, does not want to preside over an election-year recession when the core inflation rate is barely 2 percent. That could jeopardise his chances of winning a second term in 2010.
Expect to hear more of that sort of talk.
U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.
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