BPI Chief Economist Bill Nelson participated as a guest on the Macro Musings podcast hosted by David Beckworth at the Mercatus Center on May 23. He discussed the Federal Reserve’s ongoing effort to reduce its balance sheet and weighed in on whether the Fed has fallen behind the curve in addressing inflation. To access a transcript of the episode or to learn more about Macro Musings, please click here.
Systemic Risk & TBTF
U.K. Pension Fund Debacle Illustrates How Government-Created Moral Hazard Can Lead to Systemic Risk
U.K. Pension Fund Debacle Illustrates How Government-Created Moral Hazard Can Lead to Systemic Risk
Bank Liquidity
How the Overnight Reverse Repurchase Agreement Facility Could Derail the Fed’s Path to Getting Smaller
How the Overnight Reverse Repurchase Agreement Facility Could Derail the Fed’s Path to Getting Smaller
