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Why the Federal Reserve’s job will get harder

With the term of Janet Yellen as Federal Reserve chair ending next February, the president will have to nominate and the Senate will have to confirm a new head of the central bank in coming months. There is much discussion of the merits and implications of possible candidates for the job. For

Donald Trump

and the Senate it will be important to begin by considering the challenges that will face Ms Yellen’s ­successor.

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