Mishkin - the new face at the board of Governors

When Frederic Mishkin was nominated to succeed Roger Ferguson on the Board of Governors of the Federal Reserve in June last year, the decision to take the job was a no-brainer. "I have always wanted to be a monetary economist - the issues about monetary policy and financial markets are why I got into economics in the first place," Mishkin explains. "So to be asked to be a governor of the Fed, and to be involved in the actual policymaking, is just fantastic."

The opportunity, however, came with a

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