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SOMC: Strategies for Promoting the Fed's Independence and Accountability

September 27, 2019

AGENDA:

WELCOMING REMARKS
Mickey Levy, Berenberg Capital Markets, LLC

REMARKS
Robert King, Boston University

PANEL I: TRANSPARENCY AND COMMUNICATIONS
Chair: Gregory Hess, Wabash College
Charles Calomiris, Columbia Business School
Charles Evans, President, Federal Reserve Bank of Chicago
Donald Kohn, The Brookings Institution and former Vice Chairman of the Federal Reserve Board
Loretta Mester, President, Federal Reserve Bank of Cleveland

PANEL II: INFLATION TARGETING AND RULES-BASED POLICY
Chair: Michael Bordo, Rutgers University
James Bullard, President, Federal Reserve Bank of St. Louis
Peter Ireland, Boston College
Athanasios Orphanides, MIT

REMARKS
J. Alfred Broaddus, former President, Federal Reserve Bank of Richmond

PANEL III: MONETARY POLICY AND THE ZERO LOWER BOUND
Chair: Michael Bordo, Rutgers University
Andrew Levin, Dartmouth College
Eric Rosengren, President, Federal Reserve Bank of Boston
John Williams, President, Federal Reserve Bank of New York

PANEL IV: THE FED’S BALANCE SHEET AND CREDIT POLICY
Chair: Mickey Levy, Berenberg Capital Markets, LLC
Esther George, President, Federal Reserve Bank of Kansas City
Deborah Lucas, MIT
William Poole, Mises Institute & former President, Federal Reserve Bank of St. Louis

Position Papers - September 27, 2019 – New York, NY

Tariffs and Monetary Policy: A Toxic Mix by Michael D. Bordo, Rutgers University and Mickey D. Levy, Berenberg Capital Markets

How To Promote Fed Independence: Perspectives from Political Economy and History by Charles W. Calomiris, Columbia University

Some Heretical Thoughts on Central Bank Independence by Deborah Lucas, MIT

Assessing the Federal Reserve’s Toolbox for Providing Monetary Stimulus at the Effective Lower Bound by Andrew Levin, Dartmouth College

Introduction to “Characteristics of the Fed’s Independence and Accountability” by Gregory Hess, Wabash College

Limits to Monetary Policy and Fed Independence by Charles I. Plosser, Hoover Institution


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