Speeches, Interviews, Essays

Monetary Policy/Economy wasn’t talked about in this Essay. “In recent years, world public health and national security concerns have reinvigorated the debate focused on partly reversing globalization and keeping some production closer to home, as the future world might not be as war- or disease-free.” “For instance, the pandemic prompted many American businesses to better…

Monetary policy was not discussed, although the Economy was covered. — 2.0% Inflation Target “So we don’t realize it ends up woven into the fabric of our everyday decision making. If we all of a sudden change it and say, well, inflation’s really high right now, it’s around 5%, so let’s just stop at three…

Q&A Video is not yet available (excerpts below). Fed Funds “My view all along, and I have been pretty public about this, we need to get rates above 5% and then sit there for a while.” “Since the full impact of monetary-policy actions can take as much as 18 months to work its way through…

Inflation “So we’re seeing signs of inflation slowing, but inflation is still very high. And I would just mention that some of this core services inflation excluding housing, that hasn’t bunched yet, so still got our work cut out for us to get inflation back to 2%.” Banking Crisis “It clearly could be a negative…

Q&A Segment The Q&A segment was a general discussion about monetary policy and the economy.  The details in the speech were not expanded upon. Speech Segment Banking Crisis “I don’t say that because I believe we should stop prioritizing the fight against inflation if markets get upset. That’s a perspective I call “financial dominance”—that financial…

A Q&A with economic students at NYU. Monetary Policy and the Economy were discussed. Some quotes from news articles are below. The Transcript and video have been requested and are not yet available. Selected Quotes from News Articles “I personally don’t think the pace of rate increases was behind the issues at the two banks…

Speech Transcript and Q&A are not yet available. — Speech Presentation — Banking Crisis “These developments have led to volatile trading in banking equities and increases in measures of financial stress.” “Closely related measures suggest that financial conditions have become tighter.” “However, financial stress and financial conditions metrics as of today remain low compared with…

Fed Funds “As I said, even before the March tensions in the industry, banking industry, the banks were pulling back and tightening credit standards, and that’s kind of normal, that’s the normal flow of monetary policy tightening throughout the economy, that’s one of the ways it gets pushed out into the economy. So that’s fine,…

Q&A Segment – Monetary Policy and Fiscal Stability “I want to keep monetary policy and financial stability apart and use the appropriate tools for each. So, I’m not ignoring financial stability, but I want to be able to use our micro and macro credential tools to focus on that so that we do have the…

“This event has a fairly self-explanatory title—exploring careers in economics. But the broad range of opportunities is anything but straightforward. Economics touches every aspect of daily life, and you can see its impact in the world outside your door—and inside as well.”