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When Ben Bernanke completes his second term as Federal Reserve Board chairman in January, Janet Yellen should be more than ready to take the helm of the U.S. central bank, according to Wharton faculty and other experts. Current Federal Reserve Board vice chairwoman Yellen, appointed on October 9 by President Obama to succeed Bernanke, is widely respected as a first-rate academic economist with decades of real-world experience in monetary policy.