In an October 5 commentary, the Federal Reserve Bank of Cleveland examined inflationary expectations.
On October 4, the House Financial Services Committee held a hearing on Federal Reserve policy.
On September 23, Federal Reserve Bank of San Francisco president John Williams gave a speech in which he discussed the effectiveness of the Fed’s unconventional monetary policies over the last three years.
On September 21, the journal National Affairs published an article by University of Chicago economist John Cochrane arguing that we are on the brink of an inflationary crisis.
A September 19 YouGov poll found that 70 percent of Republican primary voters believe it is treasonous for the Federal Reserve to print more money versus 42 percent of all voters.
On September 19, Northern Trust economist Paul Kasriel published a report arguing that the late economist Milton Friedman would support a more aggressive monetary policy under current circumstances. He cites a 1998 paper by Friedman.
In a September 16 commentary, Stanford economist John Taylor argued that the Federal Reserve’s dual mandate, stable prices and maximum employment, should be clarified.
A September 15 Morgan Stanley report discussed the ineffectiveness of monetary policy during a balance-sheet recession.
On September 13, Danske Bank chief economist Lars Christensen posted a paper describing the developing school of “market monetarism.”
I last posted items on this topic on September 21.
Bruce Bartlett is an American historian and columnist who focuses on the intersection between politics and economics. He blogs daily and writes a weekly column for The Fiscal Times. Bartlett has written for Forbes Magazine and Creators Syndicate, and his work is informed by many years in government, including as a senior policy analyst in the Reagan White House. He is the author of seven books including the New York Times best-seller, Imposter: How George W. Bush Bankrupted American and Betrayed the Reagan Legacy (Doubleday, 2006)