52 min listen
Robert L. Hetzel, "Does the FOMC Have a Viable Strategy for Controlling Inflation?" (2023)
Robert L. Hetzel, "Does the FOMC Have a Viable Strategy for Controlling Inflation?" (2023)
ratings:
Length:
56 minutes
Released:
Mar 25, 2023
Format:
Podcast episode
Description
Robert L. Hetzel presented a paper at the Dallas Fed conference on February 9th, 2023 titled, “Does the Federal Open Market Committee Have a Viable Strategy for Controlling Inflation?” The Federal Open Market Committee or FOMC sets monetary policy for the United States with the objectives of price stability and full employment. In mid-2021, inflation began to rise, reaching its highest level in 40 years. In response, the FOMC raised interest rates and hinted at broader policy shifts. In his paper, Robert makes sense of the current challenges facing monetary policy and considers the best routes for the FOMC to take to avoid a hard landing.
Robert L. Hetzel is a visiting scholar at the Federal Reserve Bank of Chicago and a senior affiliated scholar at the Mercatus Center at George Mason University.
Caleb Zakarin is the Assistant Editor of the New Books Network.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
Robert L. Hetzel is a visiting scholar at the Federal Reserve Bank of Chicago and a senior affiliated scholar at the Mercatus Center at George Mason University.
Caleb Zakarin is the Assistant Editor of the New Books Network.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
Released:
Mar 25, 2023
Format:
Podcast episode
Titles in the series (100)
Louis Hyman, “Debtor Nation: The History of America in Red Ink” (Princeton UP, 2011): I remember clearly the day I was offered my first credit card. It was in Berkeley, CA in 1985. I was walking on Sproul Plaza and I saw a booth manned by two students. They were giving out all kinds of swag, so I walked over to see what was... by New Books in Economics