In the News
Monetary Policy - Who should lead the US Federal Reserve?

10th November 2021
Who should be the next Federal Reserve chair? A very American article - however, it opens up debate about the nature of policymaking, whether the role should be non-partisan or not and the conduct of monetary policy.
In this article, Joseph Stiglitz makes a case for replacing the current Chair, Jerome Powell, with someone more inclined to support the Biden administration, Lael Brainard.
His argument is based on wanting the Fed to be more concerned about unemployment than inflation and a need for tighter regulation of the financial sector. He may have a point - but to what extent do partisan appointees undermine transparency and credibility, and if they do, at what cost?
Why the Federal Reserve chair Jerome Powell must go https://t.co/8OGe68sE4n
— The Guardian (@guardian) November 10, 2021
You might also like

Do interest rates affect business investment?
17th October 2014

Monetary Policy: Key Factors Affecting Interest Rates
17th August 2014

Monetary Policy less powerful in recessions
9th October 2013
Managed Floating Exchange Rates
Study Notes
Monetary Policy & Exchange Rates (Revision Presentation)
Teaching PowerPoints
Japanese Economy - Abenomics
Study Notes