Market Analysis

Administration is exploring possible pros and bad the appointment of Ben Bernanke the head of the Federal Reserve System (FRS) for a second term, writes the newspaper The Wall Street Journal.

Bernanke B. The term of office expires in January next year. In recent months, the Fed's reputation chapter in finsektore United States stronger, but his actions are more and more criticism from members of Congress.
The most likely alternative

B. Bernanke as chairman of the Board of Governors of the Federal Reserve is the head of the National Economic Council, former Minister of Finance of the United States and leading economic advisor to President Barack Obama, Lawrence Summers.

As expected, a great influence on the final decision will be the U.S. Treasury Timothy Gaytner who has experience working with B. Bernanke, and L. Summers.

Prior to the issuance of the verdict on who will lead the Fed in the next few years, the White House will consider other candidates. In particular, for the post of Federal Reserve economists prochat Roger Ferguson and Alan Blinder, at the time the post of Vice-Chairman of the Board of Governors of the Fed. The President of the Federal Reserve Bank of San Francisco Janet Yell and chairman of the Council of Economic Advisers U.S. President Christina Romer also can compete with Bernanke B. and L. Summers, notes the WSJ.

According to a WSJ poll, 43 out of 46 economists from the private sector supported the reappointment of B. Bernanke.

Bernanke has shown himself an excellent, albeit exceptionable, leader in the financial crisis... He deserves another term in office - asserts one of the economists surveyed, representative of the bank Wells Fargo Co. Scott Anderson.

horses on the crossing do not change, - commented on the situation Standard Poor s David Weiss.

In other words: only the no Summers, - Nicolas Perno said of Perna Associates.

This website Intrade, receiving different rates, show that for reappointment B. Bernanke suggested 60% of the participants.

However, any deterioration in the economic situation is likely to cause B. Obama to opt for a new candidate.

question about the Fed chairmanship of the White House will deal with for a long time. Now he needs to appoint two members of the Board of Governors for the vacant seats. In addition, in the near future may be freed, two more places: Kevin Uorsh and Donald Kohn, allegedly informed sources, want to abandon their positions on the Board of Governors of the Federal Reserve.