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If regulators stop tightening the ratchet on profits through ever more stringent capital requirements, for example, and markets turn in its favour, Deutsche might thrive.
That is largely because his judgments have proved correct: notably, to stop tightening in August with rates at 5.25% yet retain a hawkish bias despite the housing recession.
"We had certainty that when the Americans attacked the war would finish very quickly and no one would suffer any more and then we'd be able to stop tightening our belts.
It was not easy to judge when to stop tightening after the American economy had got used to a long period of ultra-low interest rates, but so far he has got things about right.In short, Mr Bernanke has risen to the challenges he has faced.
What gets the Fed to stop tightening is a financial event.
To do better, we need to stop tightening the screws on chronic pain patients and start looking at why so many young people are turning to the most dangerous class of drugs.
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For him, it has come not despite the austerity he railed against for years, but because we "seem to have stopped tightening the screws: public spending isn't surging, but at least it has stopped falling.
Then in 1995, as the economy continued to expand, the Fed funds rate reached 6% and the central bank stopped tightening.
Then the Fed should stop the tightening.
The only question is whether Russians can stop it from tightening its hold on the country.
The Republican senator could potentially have opposed Yellen's confirmation, Bloomberg says, but perhaps he's been won over (having used his first question to make sure everyone knows she never tried to stop the Fed tightening monetary policy).
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