Janice Eberly Emerges as Fed Vice Chair Frontrunner

The transcript discusses the potential appointment of Janice Eberly as the new Fed Vice Chair, succeeding Leo Brainard. Eberly, a former chief economist in the Obama administration and a professor at Northwestern University, is undergoing interviews with the administration. The White House is expected to make a decision soon. The discussion also touches on the economic debate regarding the Fed's dual mandate of controlling inflation and ensuring full employment, highlighting the importance of the Vice Chair's stance on these issues.

Who is currently the front runner to succeed Leo Brainard as the Fed Vice Chair?

• Janice Eberly

• Leo Brainard

• Layle Brainerd

• Janet Yellen

What was Janice Eberly's role during the Obama administration?

• White House Spokesperson

• Professor at Northwestern University

• Vice Chair of the Fed

• Chief Economist in the Treasury

Which university is Janice Eberly currently affiliated with?

• Northwestern University

• Harvard University

• Stanford University

• Yale University

What is one of the dual mandates of the Fed?

• Reducing government spending

• Promoting international trade

• Ensuring full employment

• Increasing interest rates

What is the debate surrounding the new Vice Chair's economic perspective?

• Whether to prioritize international relations

• Whether to increase taxes

• Whether to focus solely on inflation

• Whether to balance inflation and employment