Help Wanted: Federal Reserve Officials

When lots of executives leave a company, it is a signal that turmoil is brewing at the top echelons and that decisions won't be made with ease.

So what does it mean when there is a lot of turnover at the Federal Reserve? Probably not nearly as much.

"The turnover among Federal Reserve Bank presidents and Fed governors should have no impact on the Fed's debate or conduct about monetary policy," says Mickey Levy, chief economist at Bank of America(BAC Quote). ...