Posts filed under “Federal Reserve”

Category: Federal Reserve, Think Tank

When and how should the Fed exit?

Category: Bailouts, Federal Reserve, Think Tank

Banks, Shadow Banking, and Fragility

Category: Credit, Federal Reserve, Think Tank

Category: Federal Reserve, Think Tank

Labor Market Dynamics and Monetary Policy Chair Janet L. Yellen FRBKC Economic Symposium Jackson Hole, Wyoming August 22, 2014     In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most sustained loss of employment in the United States since the…Read More

Category: Employment, Federal Reserve, Think Tank, Wages & Income

Economic policy, with and without forecasts

Category: Federal Reserve, Think Tank

Wrong Way Plosser

Hawks Crying Wolf: Charles Plosser of the Philadephia Fed; if you’ve been following these things, you know that Plosser has been warning about imminent inflation since the beginning of the crisis. He did it in 2008; he did it in 2009; he did it in 2010; he did it in 2011; I’m getting tired here,…Read More

Category: Federal Reserve, Inflation, Really, really bad calls

The Effects of Unconventional Monetary Policies on Bank Soundness

Category: Federal Reserve, Think Tank

Why Didn’t Inflation Collapse in the Great Recession?

Why Didn’t Inflation Collapse in the Great Recession? Marco Del Negro, Marc Giannoni, Raiden Hasegawa, and Frank Schorfheide Liberty Street Economics     GDP contracted 4 percent from 2008:Q2 to 2009:Q2, and the unemployment rate peaked at 10 percent in October 2010. Traditional backward-looking Phillips curve models of inflation, which relate inflation to measures of “slack” in activity…Read More

Category: Federal Reserve, Inflation, Think Tank

How Greenspan Became the ex-Maestro

On this day in 1987, Alan Greenspan became chairman of the Federal Reserve Board. This anniversary allows us to take a quick look at what followed over the next two decades. As it turned out, it was one of the most interesting and, to be blunt, weirdest tenures ever for a Fed chairman. This was…Read More

Category: Bailouts, Federal Reserve, Markets, Really, really bad calls