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The Key Is Not the President of the Fed, but the Composition of the Council.
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“The important thing is not who is the next president of the Federal Reserve, but the composition of the Council, because the decisions are made by consensus,” recalled yesterday Nannette Hechler-Fayd ́herbe, CIO EMEA and chief investment strategist at Lombard Odier, in a meeting with journalists. Nannette Hechler-Fayd ́herbe, CIO EMEA and chief investment strategist at Lombard Odier In that sense, the Swiss financial institution does not unders…
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