More About Frederic Mishkin
Mishkin talks about central bank monetary policy, the economy and the financial markets.
Mishkin discusses the U.S. financial crisis that began in 2007 and the role of the Federal Reserve to stem the turmoil.
How the financial crisis has changed the thinking of both macro/monetary economists and central bankers, and the extent to which the science of monetary policy needs to be altered.
Monetary policy is more potent during financial crises because aggressive monetary policy easing can make adverse feedback loops less likely.
How much of a risk to inflation is posed by a depreciation of the domestic currency?
The rationale for greater flexibility in monetary policy during periods of financial disruptions.