Shadow Open Market Committee (SOMC) EventSOMC Home | About SOMC | Members | Events | Papers
SOMC: Restoring Price Stability: Keep at It
November 11, 2022
AGENDA:
WELCOME REMARKS
Gregory D. Hess, IES Abroad
PANEL I: INFLATION, DISINFLATION, AND THE FED’S CHALLENGE
Moderator: Deborah Lucas, MIT
Mickey D. Levy, Berenberg Capital Markets: “Inflation and the Fed’s Challenge”
Jeffrey Lacker, former President, Federal Reserve Bank of Richmond and
Charles Plosser, former President, Federal Reserve Bank of Philadelphia: “To maintain Resolve the Fed Should Reference Successful Policy Rules”
OPEN DISCUSSION:
THE COST OF KEEPING AT IT: WHAT (IF ANYTHING) SHOULD GIVE THE FED PAUSE?
PANEL II: HOW SHOULD THE FED ADDRESS ITS CURRENT CHALLENGE AND RISKS?
Moderator: Athanasios Orphanides, MIT
John Taylor, Professor of Economics, Stanford University and Senior Fellow, Hoover Institution
Donald Kohn, Brookings Institution and former Vice Chair at the Federal Reserve
LUNCHEON ADDRESS: HISTORY OF CENTRAL BANKS
Introducer: Andrew Levin, Dartmouth College
Michael Bordo, Rutgers University and Senior Visiting Scholar the Hoover Institution
Position Papers - November 11, 2022
The Evolution of Central Banks by Michael D. Bordo, Rutgers University
The Fed’s New Old Clothes by Gregory D. Hess, IES Abroad
The Fed Should Talk About the Prescriptions of Systematic Policy Rules by Jeffrey M. Lacker, former President and CEO, Federal Reserve Bank of Richmond and Charles Plosser, former President and CEO, Federal Reserve Bank of Philadelphia
.
