Why Janet Yellen Is the Right Person to Lead the Taper

From yahoo.com

After a smooth hearing in front of the Senate Banking Committee Janet Yellen is expected to be confirmed later this month by the full Senate as the 15th person and first woman to serve as Chair of the Federal Reserve. Yellen would officially take the job when current Chairman Ben Bernanke’s ends his controversial eight year run on January 31st. Yellen was one of the architects behind Quantitative Easing leading some to wonder what her appointment says about when (if?) QE comes to a close. In the attached clip Peter Kenny says even the dovish Yellen will have to reduce, if not end, Quantitative Easing outright. ... (full story)