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SOMC: The Fed's Return To Normalcy
March 9, 2018
Charles Evans has served as president and chief executive officer of the Federal Reserve Bank of Chicago since September 2007. In that capacity, he serves on the Federal Open Market Committee.
The Shadow Open Market Committee, under the auspices of the Manhattan Institute, is an independent group of economists that provides external perspectives on policy choices by the Federal Reserve and other leading central banks. The SOMC addresses a wide range of macroeconomic issues, including monetary policy, banking and financial regulations, and fiscal policy matters that bear on monetary policy decisions.
Position Papers - March 9, 2018 – New York, NY
Some Practical Considerations for Monetary Policy Frameworks by Charles Evans, President, Federal Reserve Bank of Chicago
Central Bank Digital Currency: The Future Direction for Monetary Policy by Michael D. Bordo, Rutgers University
The Fed’s Economic Forecasts, Uncertainties and Monetary Policy by Mickey D. Levy, Berenberg Capital Markets
Interest on Reserves: History and Rationale, Complications and Risks by Peter N. Ireland, Boston College
U.S. Monetary Instability and the Global Consequences of Unfettered Discretion by Charles W. Calomiris, Columbia Business School
Monetary Policy Normalization Should Be More Systematic and Less Wobbly by Gregory D. Hess, Wabash College and Athanasios Orphanides, MIT
