Director, Hutchins Center on Fiscal & Monetary Policy, Brookings institution. Contributing correspondent, The Wall Street Journal

Economic issues in the presidential election | Brookings Institution

brookings.edu — David Wessel, senior fellow and director of the Hutchins Center on Fiscal and Monetary Policy, looks at Hillary Clinton's and Donald Trump's different approaches to policy issues including taxes, family leave, and trade.

On the merits of monetary policy rules: Narayana Kocherlakota vs. John Taylor | Brookings Institution

brookings.edu — Narayana Kocherlakota of the University of Rochester, a former president of the Federal Reserve Bank of Minneapolis, recently challenged what he described as the unhealthy fixation of Fed policymakers-and the economic profession-on relying on rules for setting interest rates, such as the high profile Taylor Rule devised by Stanford economist John Taylor.

David Wessel Details Scenarios for the Economy's Path Post-Recession

wsj.com — There is no doubt where the economy is now. "By any measure, this downturn represents by far the deepest global recession since the Great Depression," the International Monetary Fund declared Wednesday. But there's more than the usual uncertainty about where it is going. The key is the U.S.

Atlanta Fed President Dennis Lockhart’s Retiring. Who’s Next?

blogs.wsj.com — Atlanta Fed President Dennis Lockhart announced recently he will be leaving his post on Feb. 28, 2017. This shouldn't have been a surprise, given how term limits of regional Fed bank presidents work-that was the last day he could be in the job.

Atlanta Fed President Dennis Lockhart’s retiring. Who’s next? | Brookings Institution

brookings.edu — Atlanta Fed President Dennis Lockhart announced recently he will be leaving his post on Feb. 28, 2017. This shouldn't have been a surprise, given how term limits of regional Fed bank presidents wor...

Former Fed policymaker Kocherlakota: Fed was—and still is—intellectually trapped by adherence to rules | Brookings Institution

brookings.edu — Narayana Kocherlakota, who was president of the Federal Reserve Bank of Minneapolis from 2009 to 2015 and is now at the University of Rochester, says in a new paper that the Fed has been and contin...

A New Approach to Estimating the Natural Rate of Unemployment | Brookings Institution

brookings.edu — William Dickens discusses a new method for estimating the natural rate of unemployment by simultaneously estimating the Phillips and Beveridge curves.

Inflation on the rise? Not lately. | Brookings Institution

brookings.edu — The Federal Reserve is moving, albeit cautiously, toward raising interest rates, arguing that the U.S. is near full employment and that inflation should rise back to its 2% target over the medium t...

Inflation on the Rise? Not Lately.

blogs.wsj.com — Peter Olson is a research analyst at the Brookings Institution's Hutchins Center on Fiscal & Monetary Policy, where David Wessel is the director. Mr. Wessel is also a contributing correspondent to The Wall Street Journal. He is on Twitter: @DavidMWessel. The Federal Reserve is moving, albeit cautiously, toward raising interest rates, arguing that the U.S.

Should the Fed keep its balance sheet large? | Brookings Institution

brookings.edu — I attended the Fed's recent gathering in beautiful Jackson Hole, Wyoming-the first time I had been since the end of my term as Fed chairman. I enjoyed the opportunity to catch up with many friends and former colleagues.
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