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In the News

In Republican Attacks On The Fed, Experts See A Shift

quoting Allan H. Meltzervia New York Times
Tuesday, April 7, 2015

At a hearing in February, Representative Scott Garrett, a New Jersey Republican, complained that Congress and the Federal Reserve had traded places.

Marriner S. Eccles Federal Reserve Board Building
Analysis and Commentary

Bernanke Says “The Fed Has A Rule.” But It’s Only Constrained Discretion And It Hasn’T Worked

by John B. Taylorvia Economics One
Wednesday, March 25, 2015

In response to a question about the policy rules bill at Brookings recently, Ben Bernanke remarked that the “The Fed has a rule.”

The Federal Reserve

Lanhee Chen On CNBC

interview with Lanhee J. Chenvia CNBC
Monday, March 23, 2015

Hoover fellow Lanhee Chen discusses the timing of the Fed's rate hike and the 2016 presidential race


John Taylor On The John Batchelor Show (19:28)

interview with John B. Taylorvia John Batchelor Show
Tuesday, March 10, 2015

John Taylor discusses inflation, monetary policy, Milton Firedman, and a rules based Federal Reserve so congress can audit the Fed.


Ed Lazear On CNBC

interview with Edward Paul Lazearvia CNBC
Friday, March 6, 2015

CNBC's Rick Santelli discusses jobs report, productivity gains, and trade promotion authority, with Ed Lazear, Hoover Institution senior fellow.

In the News

Fed Struggled In 2009 Over How To Boost Economy, Papers Show

quoting Kevin Warshvia The New York Times
Wednesday, March 4, 2015

As the Great Recession inflicted worsening damage on the U.S. economy, the Federal Reserve struggled during 2009 to determine the best corrective steps to pursue.


Henry Miller On The John Batchelor Show (30:04)

interview with Henry I. Millervia John Batchelor Show
Friday, February 27, 2015

Hoover fellow Henry Miller discusses the FDA leadership on the John Batchelor Show.

In the News

Why Does The Federal Reserve Fear A Real Audit?

mentioning John B. Taylorvia New York Post
Thursday, February 26, 2015

What is Janet Yellen afraid of? That question will be percolating in Congress next week when the Senate Banking Committee starts considering proposals for reforming the Federal Reserve that she chairs.

Tax cuts and reforms
In the News

Tax Code Should Be ‘Tossed Out,’ Expert Tells Senators

quoting Michael J. Boskinvia Think Advisor
Wednesday, February 25, 2015

Tax experts agreed Tuesday that comprehensive tax reform will help boost economic growth, with one expert suggesting the best way to achieve this is to "toss out" the current tax code and start again.

Analysis and Commentary

On RRP Pro And Con

by John H. Cochranevia Grumpy Economist
Wednesday, February 25, 2015

Thanks to a comment on the last post, I found The Fed working paper explaining Fed's thinking about overnight reverse repurchases, Overnight RRP Operations as a Monetary Policy Tool: Some Design Considerations by Josh Frost, Lorie Logan, Antoine Martin, Patrick McCabe, Fabio Natalucci, and Julie Remache.