Book notes: 21st century monetary policy, by Ben S Bernanke
Bernanke’s great book offers important insights for today’s policy-makers, writes Stephen Poloz
Ben S Bernanke, 21st century monetary policy: the Federal Reserve from the great inflation to Covid-19, WW Norton, 2022, 512 pages
Central bankers can be intimidating – some so much so that they can be intimidating even to other central bankers. Ben Bernanke has always stood tall in that group, and so it was with some trepidation that, on my first trip to Basel as the new governor of the Bank of Canada in 2013, I introduced myself, calling him “mister chairman”. His response was a warm “around
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Monetary Policy
Trump makes a U-turn on Powell
President “might” call Fed chair about lowering rates, but claims he never had any intention of firing him
Inflation uncertainty reaching historic high in US – research
Richmond Fed economist says inflation expectations and uncertainty are rising dramatically
Nasdaq Calypso: central bank reserve and monetary policy management
A complete and modern solution to conducting reserve management and monetary policy on a single automated platform
Kashkari stresses importance of Fed independence
Minneapolis Fed chief expresses solidarity with Powell following Trump attacks
Trump and Powell’s war of words escalates
Fed chair slams tariffs, while president says Powell’s departure “cannot come fast enough”
ECB makes quarter point cut amid ‘exceptional uncertainty’
Lagarde says anyone who thinks world is “shock-free” needs “their head examined”
Turkey reverses easing cycle by raising policy rate to 46%
Central bank makes further attempt to calm markets following opposition leader’s arrest
Bank of Korea holds rates at 2.75%
Growth sluggish and inflation on target but central bank needs more time to judge tariff effects