President Trump Should Reform the Fed

 Commentary, James Soriano  Comments Off on President Trump Should Reform the Fed
Jan 092019

President Trump should use the occasion of his upcoming State of the Union address to call for legislation reforming the Federal Reserve System and for examining alternative ways to conduct monetary policy.

The Fed’s Nightmare Scenario

 Commentary, James Soriano  Comments Off on The Fed’s Nightmare Scenario
Dec 282018
The path is open for the Fed to reverse course on its recent rate hikes.  But what if the economy does not respond as intended?  What if, as in Japan’s experience, the interest rate tool becomes ineffective when it is close to zero?