Upcoming March 30 event: The Federal Reserve and the everything bubble
Hosted by the American Enterprise Institute (AEI). Register here.
In response to the COVID-19 crisis, the Federal Reserve has expanded its balance sheet at an unprecedented rate, buying almost $5 trillion in US Treasury bonds and mortgage-backed securities in a single year. That buying has occurred in frothy equity, housing, and credit markets, and inflation has surged to levels not seen in almost four decades. With the Federal Reserve set to begin policy normalization this spring, questions remain on how the Fed will balance financial market stability and a brewing inflation crisis.
Please join AEI for a discussion on the constraints that elevated asset and credit market prices place on the Federal Reserve’s ability to regain control over inflation. The panelists will examine what might be done to break the recurrent boom-bust asset price and credit market cycle.
LIVE Q&A: Submit questions to John.Kearns@aei.org or on Twitter with #AskAEIEcon.
Agenda
2:00 PM
Introduction:
Desmond Lachman, Senior Fellow, AEI
2:05 PM
Panel discussion
Panelists:
Jason Furman, Aetna Professor of the Practice of Economic Policy, Harvard University
Desmond Lachman, Senior Fellow, AEI
Kevin Warsh, Shepard Family Distinguished Visiting Fellow, Hoover Institution
Moderator:
Alex J. Pollock, Senior Fellow, Mises Institute
3:15 PM
Q&A
3:30 PM
Adjournment
Contact Information
Event: John Kearns | John.Kearns@aei.org
Media: MediaServices@aei.org | 202.862.5829