Presents…
the SHADOW OPEN MARKET COMMITTEE (SOMC):
Restoring Price Stability: Keep at It
November 11, 2022
AGENDA:
8:30 AM REGISTRATION AND BREAKFAST 9:00 AM WELCOME REMARKS Gregory D. Hess, IES Abroad PANEL I: INFLATION, DISINFLATION, AND THE FED’S CHALLENGE Moderator: Deborah Lucas, MIT Mickey D. Levy, Berenberg Capital Markets: “Inflation and the Fed’s Challenge” Jeffrey Lacker, former President, Federal Reserve Bank of Richmond and Charles 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, MIT John Taylor, Professor of Economics, Stanford University and Senior Fellow, Hoover Institution Donald Kohn, Brookings Institution and former Vice Chair at the Federal Reserve 12:00 PM RECEPTION/LUNCH LUNCHEON ADDRESS: HISTORY OF CENTRAL BANKS Michael Bordo, Rutgers University and Senior Visiting Scholar the Hoover Institution