Presents…
the SHADOW OPEN MARKET COMMITTEE (SOMC):
Restoring Price Stability: Keep at It
November 11, 2022
AGENDA:
8:30 AMREGISTRATION AND BREAKFAST9:00 AMWELCOME REMARKSGregory D. Hess, IES AbroadPANEL I: INFLATION, DISINFLATION, AND THE FED’S CHALLENGEModerator: Deborah Lucas, MITMickey D. Levy, Berenberg Capital Markets: “Inflation and the Fed’s Challenge”Jeffrey Lacker, former President, Federal Reserve Bank of Richmond andCharles Plosser, former President, Federal Reserve Bank of Philadelphia: “To maintain Resolve the Fed Should Reference Successful Policy Rules”OPEN DISCUSSION:THE COST OF KEEPING AT IT: WHAT (IF ANYTHING) SHOULD GIVE THE FED PAUSE?PANEL II: HOW SHOULD THE FED ADDRESS ITS CURRENT CHALLENGE AND RISKS?Moderator: Athanasios Orphanides, MITJohn Taylor, Professor of Economics, Stanford University and Senior Fellow, Hoover InstitutionDonald Kohn, Brookings Institution and former Vice Chair at the Federal Reserve12:00 PMRECEPTION/LUNCHLUNCHEON ADDRESS: HISTORY OF CENTRAL BANKSMichael Bordo, Rutgers University and Senior Visiting Scholar the Hoover Institution