Monetary Policy

Monetary Policy

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Expert Commentary

Apr 23, 2014

Last week, the Government Accountability Office issued a report on information security lapses at the Securities and Exchange Commission. The report, an elaboration on problems identified in GAO's December 2013 audit report, warned that these problems created risks to "the confidentiality, integrity, and availability of a key financial system" at the SEC. In short, "information security weaknesses placed SEC financial data at risk" and the commission needs to work harder to fix them. That's not a great report card for an agency that is supposed to be keeping tabs on information security in the financial sector.
By Thomas L. Hogan, Linh Le |
Feb 07, 2014

As Ben Bernanke's tenure at the Federal Reserve drew to a close, many wondered how history will remember this controversial chairman. Although he is widely respected as an academic, economists are divided regarding Bernanke's actions during the 2008 financial crisis.
Jan 29, 2014

The Federal Reserve on January 24 issued guidance for "eight domestic bank holding companies that may pose elevated risk to U.S. financial stability." The guidance, which is part of Dodd-Frank resolution planning, is intended to "clarify" expectations for these companies and guide the Federal Reserve staff charged with supervising them. But the fact that such guidance is necessary illustrates what is wrong with our financial system and its regulatory framework.
By Nita Ghei |
Jan 23, 2014

The chorus of optimistic forecasts is growing. The Federal Reserve’s Beige Book reported moderate growth from November to the end of 2013, and that “the economic outlook is positive in most districts.” The World Bank predicted the developed world is on the brink of “self-sustained recovery” for the first time in five years, and expects the U.S economy to grow as much as 3.2 percent this year.
Dec 02, 2013

With the full Senate likely voting to confirm her nomination later this month, Janet Yellen is now poised to take over as chair of the Federal Reserve when current chairman Ben Bernanke's term expires on Jan. 31. Unlike most regulators, the Fed chair shows up often enough on television screens and in newspapers to become familiar to Americans far removed from Washington, D.C. From the imposingly tall Paul Volcker to the large-spectacled Alan Greenspan to the current professorially bearded Ben Bernanke, Fed chairmen enjoy their 15 minutes of fame.
Oct 30, 2013

Janet Yellen, President Obama's selection for chair of the Federal Reserve Bank, will likely sail through the confirmation process. Many Americans expect the high-profile economist to achieve greater financial stability and improve national prosperity. But the likely outcome is more of the same policies that have made the U.S. a virtually bankrupt nation.

Podcasts

Jerry Brito | August 26, 2013
Jerry Brito discusses Bitcoin on Marketplace.

Recent Events

This program will highlight the key findings from Ms. Peirce and Mr. Greene’s recent public interest comment, Money Market Fund Reform; Amendments to Form PF, and provide specific suggestions for money market fund reform.

Books

Media Clippings

Benjamin M. Blau | Oct 27, 2013
Benjamin Blau cited at The Washington Examiner.
Benjamin M. Blau | Oct 24, 2013
Benjamin Blau cited at International Business Times.
Jerry Brito | Oct 03, 2013
Jerry Brito cited at The Wall Street Journal.
Jerry Brito | Oct 03, 2013
Jerry Brito cited at Los Angeles Times.
Jerry Brito | Oct 03, 2013
Jerry Brito cited at BBC.
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