Economics
Yellen Seen Resisting Pressure to Resign If Trump Wins Election
- People who know her say they’re sure she’ll stay on at the Fed
- Quitting would hurt her and the central bank, Blinder says
Janet Yellen
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
Federal Reserve Chair Janet Yellen will resist pressure to step down should Donald Trump be elected president next month.
That’s the firm conviction of people who’ve known and worked with her over the years. They described speculation in financial markets to the contrary as off base.