White House to announce Janet Yellen as Fed head as soon as Wednesday

FXstreet.com (Barcelona) - According to the WSJ, and after much speculation as to who will be taking the reins of monetary policy decision at the helm of the Fed, the White House appears very close to nominate Ms. Yellen as Fed chairwoman, with the decision coming as soon as Wednesday. Obama said to ready Yellen as his nomination for the next Fed Chairman