Goldman Sachs expects Yellen to be nominated by Federal Reserve chairman next week

Securities Times Network (www.stcn.com) September 25 News last week, the Yellen speech scheduled to be held on October 1 was cancelled, with speculation that the White House was close to nominating the Fed chairman. Goldman Sachs also released its report today that Yellen is expected to be nominated by the Federal Reserve chairman next week. Financial profit, demand savings rate 1000% expected President Obama will nominate Yellen as the next Fed chairman, and nomination time will soon come. But this week's political calendar is too full, so it is unlikely this week to announce the nomination. If the government avoids a shutdown crisis, the nomination is likely to be announced early next week. The Senate has tended to consider appointments within weeks of the nomination, including a Senate Banking committee hearing and a possible written inquiry into the appointees, both of which could contain a substantive discussion of monetary policy.