Mary C. Daly's Closing Keynote, What the Moment Demands
President Daly delivers the closing keynote at the 33rd Frankfurt European Banking Congress on November 17, 2023 at 3:30 p.m. CET.
Source: frbsf.org
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Salter: Another interest rate hike? Let's not
Salter: "Instead of cryptic messaging, Fed officials should clearly announce an expected future path for PCEPI growth and stick to it. Central banking should be as obvious and unexciting as possible."
Source: yahoo.com
Monetary Policy And Innovation, The Long Term Effects On Output
Analysis of a paper by Yueran Ma & Kaspar Zimmermann presented at Jackson Hole 2023. Long Term effects to GDP due to Monetary tightening affecting innovation.
Source: forbes.com
MC Explains: How RBI's definition of real interest rate has evolved over the years
India's inflation is likely to come in below 5 percent in April. While this may allow the Reserve Bank of India to leave the repo rate unchanged again in June, falling inflation will lead to higher real interest rates. But which is the real 'real rate'?
Source: moneycontrol.com
Yellen Celebrated Unemployment as a "Worker-Discipline Device"
Yellen wanted this to be the best of all possible worlds, but the best world she could conceive of was terrible.
Source: theintercept.com