Nomura Research assigns probabilities to the current short list of Fed candidates: Kevin Warsh, Jerome Powell, Janet Yellen, and Gary Cohn:
Warsh: 40%
Powell: 20%
Yellen 20%
Cohn: 10%
Other: 10%
" While we expect the White House to formally announce the Fed Chair nominee in the coming weeks, there is some risk a decision could come later in November," Nomura argues.
Source: Nomura Securities ResearchOriginal Article