Investor Glossary-fed chairmanInvestor Glossary-fed chairmanInvestor Glossary-fed chairmanInvestor Glossary-fed chairmanInsightful stock market charts - Click here
investor
  Categories      # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z  
Term of the Day Email this Definition Link to this Definition

Fed Chairman

FYI - For 2011, Dow up, Dogs of the Dow up more (double digits)
 

The Fed Chairman is the Chairman of the Board of Governors of the Federal Reserve System, or Fed, the US central bank. As such, the Fed Chairman is the one highly public figure of the Fed. The business press report and try to interpret every spoken word of the Fed Chairman in the belief that such comments are the best available hint as to the direction of monetary policy. In fact, the Fed Chairman is likely to be reserved, but not secretive, in any public commentary because the credibility of the Fed Chairman is important to the Fed's effectiveness given the importance of expectations to the economy. The Fed Chairman is a political appointee, generally drawn from the ranks of the other appointed members of the Board of Governors. The Fed Chairman serves a four-year renewable term. Alan Greenspan and Paul Volker are two well-known examples of the Fed Chairman.



Rate this Fed Chairman definition...



Where is the market headed? The answer may surprise you. Find out
right now with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: option premium, deferred revenue, annual return, per diem, inflation, 144a, Zero Cost Collar, current ratio, 1035 exchange, labor relations, retained earnings, 401a, liquidity ratio, irrevocable trust, Key Rate Duration, risk management, debt service coverage, balance sheet, deferred tax, quality assurance, dividends payable, class C shares, ex-dividend date, stock split, ex-dividend, 1031 exchange, command economy, reverse mortgage, stock market close, EBITDA, margin rate, LIBOR, required rate of return, FICO score, VIX, limit order, APR, minority interest, open position, implied volatility, average price per share, phantom income, FTSE, real GDP, diluted share, wholly-owned subsidiary, in escrow, cancelled check, covered put


Home | Term of the Day | Suggest a Term
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Chart of the Day | Dogs of the Dow | Art of the Home
©2004-2012 Investor Glossary - All rights reserved - Terms of Use