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Fed Answers
And now, here are my answers to the “Fed Questions.” There aren’t really right answers on most of these, but a Fed chair should understand the questions…
Sep 1
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John H. Cochrane
68
16
A Few Fed Questions
A WSJ oped, which I can now post since 30 days have passed.
Sep 1
•
John H. Cochrane
55
7
August 2025
The Institutional Structure of the Federal Reserve
With a Wall Street Journal Op-Ed (ungated here) from Senator Elizabeth Warren, and a long Manhattan Institute essay last year by Dan Katz and Stephen…
Aug 27
•
John H. Cochrane
79
12
July 2025
340B Shenanigans
Dan Snow at the Price Points Substack has a lovely deep dive into the 340B drug pricing program.
Jul 21
•
John H. Cochrane
51
14
Work Requirements: Moral Judgements vs. Incentives.
The work requirements for Medicaid are in the news.
Jul 15
•
John H. Cochrane
119
40
June 2025
Central Bank Independence
Fed independence is in the news again, with the on and off again disagreements between President Trump and Chairman Powell.
Jun 23
•
John H. Cochrane
98
42
Interest on Reserves
The proposal, starting with comments from Senator Ted Cruz, that the Congress force the Fed to stop paying interest on reserves is having more legs than…
Jun 22
•
John H. Cochrane
97
33
A new strategy to fight inflation
This is a WSJ op ed, written about the Fed’s strategy review.
Jun 9
•
John H. Cochrane
60
17
Crisis Cycle
Challenges, Evolution, and Future of the Euro
Jun 6
•
John H. Cochrane
44
15
Fannie and Freddy are back again
Op ed at WSJ, which I can post in full now that 30 days have passed
Jun 5
•
John H. Cochrane
74
20
Maybe the price puzzle and NK model are right after all
I recently ran in to a lovely paper by Neil White at Amherst, “The new Keynesian Price Puzzle: Reinterpreting Inflation Dynamics.” This post is closely…
Jun 4
•
John H. Cochrane
39
33
Hoover Monetary Policy and Taylor Conference
May 9 we had the Hoover Monetary Policy conference, and this year it was combined with a conference in honor of John Taylor.
Jun 3
•
John H. Cochrane
35
4
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