Hoover Institution fellow Raghuram Rajan cites 'dissonance' between GDP and employment numbers and calls for an 'outsider' to look at the statistics. He says India was never questioned about the credibility of data and there is a need to restore that historical trust.
Hoover Institution fellow Marko Kounalakis discusses Brexit and notes everything is on the table. Kounalakis talks about what happens next, whether May's bet will payoff, and ultimately if there will be a soft Brexit.
Hoover Institution fellow Niall Ferguson says the analogy of Brexit being an expensive divorce has played out, but that it now also feels like a student asking a professor for an extension on their paper. Ferguson notes that he does not think that the future of the European Union is very bright without Britain.
Hoover Institution fellow Charles Plosser discusses the Fed’s dovish tilt, his theory on real business cycles, whether rate cuts can be a policy mistake, modern monetary theory, ECB monetary policy, and negative interest rates.