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Event Economics Monetary Policy

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

27
Friday September 2019

Speakers

Patrick Harker President, Federal Reserve Bank of Philadelphia

AGENDA:

INTRODUCTION

Mickey Levy, Berenberg Capital Markets

PANEL I: CHARACTERISTICS OF THE FED’S INDEPENDENCE AND ACCOUNTABILITY
Moderator: Greg Hess, Wabash College
Charles Calomiris, Columbia University: How Fed Leaders Politicize the Fed
Deborah Lucas, MIT: Independence Revisited

PANEL II: THE FED’S MONETARY POLICY STRATEGY AND RULES
Moderator: Peter Ireland, Boston College
Athanasios Orphanides, MIT: The Role of Policy Rules in the Fed’s Monetary Policy Strategy
Andrew Levin, Dartmouth College: Assesing the FOMC’s Tools for Providing Monetary Stimulus at the Zero Lower Bound
Michael Bordo, Rutgers University and Mickey Levy: Tariffs and Monetary Policy: A Toxic Mix

PANEL III: THE LIMITATIONS OF MONETARY POLICY AND THE FED’S INDEPENDENCE
Charles Plosser, Former President, Federal Reserve Bank of Philadelphia

KEYNOTE ADDRESS
Moderator: Charles Plosser
Patrick Harker, President, Federal Reserve Bank of Philadelphia