Macroeconomic Policy Nexus

Macroeconomic Policy Nexus

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Peter Conti-Brown on a New Fed-Treasury Accord
Plus our thoughts on major speeches this week on liquidity regulations and the Discount Window.
 • David Beckworth and Peter Conti-Brown
56:51
Three Kinds of Fed-Treasury Accords
There is talk of another Fed-Treasury Accord. But there are three different kinds of accords. Which one do we need?
 • David Beckworth and Peter Conti-Brown
The Real World is Nominal
Why tracking deviations of total dollar activity from a neutral growth path provides a good crosscheck for monetary policymakers
 • David Beckworth
Raghuram Rajan: Breaking the QE Ratchet Effect
Raghuram Rajan on liquidity dependence, the Fed’s expanding balance sheet, and how to restore normalization as the default.
 • David Beckworth
Stablecoins Behave Like Money, But Are They Built Like It?
Stablecoins, the GENIUS Act, and the unfinished reform of America’s monetary plumbing.
 • David Beckworth
Three Views of QE: Irrelevance, Insurance, and Irreversibility
Why QE Had Modest Effects After 2008 but Powerful Ones in 2020–2022
 • David Beckworth
Who Sits at the Fed's Table? Part II
How FOMC meetings and the Federal Reserve’s internal governance have evolved over time
 • David Beckworth and Kaleb Nygaard
Macroeconomic Policy Nexus
Macroeconomic Policy Nexus
Macroeconomic Policy Nexus is a newsletter that will cover the Macro Musings podcast as well as the latest developments in the monetary, financial, and fiscal policy space that interest David Beckworth.
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