Neel KashkariWhy We Missed On Inflation, and Implications for Monetary Policy Going ForwardAs I’ve discussed publicly for some time, I have been trying to make sense of the mixed signals the economy is sending. When I travel…Jan 4, 202327Jan 4, 202327
Neel KashkariPolicy Has Tightened a Lot. Is It Enough? (An Update)On May 6 I published an essay explaining why I focus on long-term real rates to evaluate the overall stance of monetary policy, including…Jun 17, 2022Jun 17, 2022
Neel KashkariPolicy Has Tightened a Lot. Is It Enough?An important question for monetary policymakers is, What policy stance, including the current setting of the federal funds rate, the…May 6, 20221May 6, 20221
Neel KashkariUpdate on Inflation and Monetary PolicyMajor General Grant My dear General …Mar 18, 20223Mar 18, 20223
Neel KashkariTwo Opposing RisksOn December 15, the Federal Open Market Committee (FOMC) released its latest Summary of Economic Projections (SEP), also known as the “dot…Jan 4, 20224Jan 4, 20224
Neel KashkariWhy I DissentedI strongly support the new Statement on Longer-Run Goals and Monetary Policy Strategy¹ that the Federal Open Market Committee has adopted…Sep 18, 20201Sep 18, 20201
Neel KashkariA Strategy to Re-anchor Inflation ExpectationsIn the Federal Open Market Committee meeting that concluded on Wednesday of this week, I advocated for a 50-basis-point rate cut to 1.75…Jun 21, 20191Jun 21, 20191
Neel KashkariThe Flattening Yield CurveThis time is different. I consider those the four most dangerous words in economics.Jul 16, 20186Jul 16, 20186
Neel KashkariWhy I Dissented a Third TimeLast week, the Federal Open Market Committee raised interest rates for the third time this year and, also for the third time this year, I…Dec 18, 20173Dec 18, 20173
