It’s a vote that could be as important worldwide as the American presidential election. U.K. residents will decide Thursday on whether Britain should make an exit – or Brexit – from the European Union.
Hoover Institution fellow John Taylor discusses Brexit and why it would be better for the world if Britain remains in the EU. Taylor thinks the harm from a Brexit is exaggerated and Taylor notes that although he prefers that Britain remain in the EU, if there is a Brexit then the US should welcome trade negotiations with Britain.
Federal Reserve Chair Janet Yellen speaks about the Taylor Rule and Fed Funds Rate. She speaks with Republican U.S. Senator Bob Corker of Tennessee during testimony before the U.S. Senate Banking Committee in Washington.
Hoover Institution fellow John Taylor discusses why the central bank didn’t raise interest rates at its June meeting and how the Fed can get back to sound policies and normalization without roiling markets.
Hoover Institution fellow John Taylor discusses Fed policy and weighs-in on what needs to change to help the economy. Taylor notes that the strategy of normalization will help reduce economic uncertainty.