Presents…
the SHADOW OPEN MARKET COMMITTEE (SOMC) Eventcast:
The Federal Reserve’s New Policy Framework
April 14, 2021
3:00 PM
WELCOMING REMARKS:
Deborah Lucas, MIT
PANEL I: INFLATION AND EMPLOYMENT IN THE FED’S NEW STRATEGIC FRAMEWORK
Moderator: Andrew Levin, Dartmouth College
Gregory Hess, IES Abroad, “The Anguish and Progress of Central Banking”
Michael Bordo, Rutgers University and Mickey Levy, Berenberg Capital Markets, “Do Enlarged Deficits Cause Inflation: The Historic Record”
3:45 PM
PANEL II: DISCUSSION WITH RICHARD CLARIDA,
Vice Chair, Board of Governors of the Federal Reserve System, “The Federal Reserve’s New Framework and Outcome-Based Forward Guidance“
Moderators: Peter Ireland, Boston College
Athanasios Orphanides, MIT
4:25 PM
CONCLUDING REMARKS
Charles Plosser, former President, Federal Reserve Bank of Philadelphia