Monetary Policy

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In the News

Rates traders brace for potential Fed rate hike

with John B. Taylorvia Reuters
Thursday, May 14, 2009

Short-term interest rate traders are bracing for the possibility the Federal Reserve could begin raising interest rates later this year, even though many economists don't see the Fed moving any time soon...

In the News

Tending the garden of China-US relations

with George P. Shultzvia Shanghai Daily
Thursday, May 14, 2009

THE US-China economic relationship is one of the most important bilateral relationships in the world - offering extraordinary benefits to both sides...

In the News

Green Shoots Story Looking a Little Tired

with John B. Taylorvia Seeking Alpha
Thursday, May 14, 2009

Federal Reserve policymakers are working overtime to temper expectations of additional quantitative easing...

In the News

Taylor Says Government Biggest Systemic Risk

with John B. Taylorvia RTTNews
Wednesday, May 13, 2009

Economics, Stanford University offered a keynote address at the Federal Reserve Bank of Atlanta's 'Financial Innovation and Crises' conference, addressing the role of the government in reducing systemic risk in the financial markets...

In the News

Treasuries Rise After Retail Sales Unexpectedly Drop in April

with John B. Taylorvia Bloomberg
Wednesday, May 13, 2009

Treasuries rose after a government report showed retail sales unexpectedly fell in April, suggesting the economy remains mired in recession...

In the News

MONEY MARKETS-Dollar spreads tighten despite fresh concerns

with John B. Taylorvia Guardian (UK)
Wednesday, May 13, 2009

Short-term dollar money markets showed no sign of stress in Asia on Wednesday even as the U.S. dollar tumbled, owing both to a recovery in risk appetite and to a fresh debate about the risks to the U.S. credit rating...

In the News

Fed's easy money has not spurred the economy

with John B. Taylorvia Idaho Statesman
Wednesday, May 13, 2009

These days, borrowing is hard, but money is easy...

In the News

Taylor Says Fed May Not Have Much Time Before Rate Rise Needed

with John B. Taylorvia Bloomberg
Wednesday, May 13, 2009

The Federal Reserve may soon need to raise interest rates, said John Taylor, the former Treasury official who devised the “Taylor Rule,” a formula for rate- setting based on the outlook for inflation and growth...

In the News

Former U.S. official slams Fed for inflation risk

with John B. Taylorvia Reuters
Wednesday, May 13, 2009

A sharp critic of the Federal Reserve and prominent authority on monetary policy on Tuesday slammed the U.S. central bank for risking inflation and warned that government action had "caused, prolonged and worsened" the country's financial crisis...

In the News

Another Yo-Yo Day For Stock Markets

with John B. Taylorvia Market News International
Wednesday, May 13, 2009

A lacklustre, see-saw day of modest gains for the blue chip Dow, while the Nasdaq felt some pain...

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Economic Policy Working Group

 
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.

Milton and Rose Friedman: An Uncommon Couple