Econ Buff Podcast #1 with Ryan Mattson
Dr. Ryan Mattson, a macroeconomist, talks with me about monetary policy and monetary policy rules. We discuss what monetary policy rules are, why they are important, how the FED uses rules, what John Taylor would have done as FED chair, how current FED chair, Jerome Powell, has conducted monetary policy, when the next recession is going to hit, and how Dr. Mattson views various critiques of the use of rules among other things.
“ The question then has come up, is Jay Powell as independent as he should be as a Federal Reserve chairman? I'll give my opinion on that, yes. Yes. I think he is still very much independent, ...”
Show Notes and Links to Things discussed in the Show
Monetary Policy Report (July 7, 2017), Board of Governors of the Federal Reserve System
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