fed chairman ben bernanke

Just the thought of reduced Fed purchases has caused investors to shiver, interest rates to rise and bond prices to fall. So, to an extent, the marketplace has already anticipated some reduction in Fed purchases.
Why the debate over who should be the next Federal Reserve Chairman? There is a tug of war going on between inflation 'doves' and 'hawks' within the Fed. And that debate really has little to do with who will succeed Fed Chairman Bernanke next year.
In a world where D.C. politics have ground to a dysfunctional halt, where the Euro continues to struggle on the precipice of failure, and where the growth rate of China is grinding downward, the head of the Fed has become a figure of global importance.