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…7 min read·Jan 4, 2023--27--27
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…5 min read·Jun 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…6 min read·May 6, 2022--1--1
Neel KashkariUpdate on Inflation and Monetary PolicyMajor General Grant My dear General …7 min read·Mar 18, 2022--3--3
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…14 min read·Jan 4, 2022--4--4
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…6 min read·Sep 18, 2020--1--1
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…13 min read·Jun 21, 2019--1--1
Neel KashkariThe Flattening Yield CurveThis time is different. I consider those the four most dangerous words in economics.3 min read·Jul 16, 2018--6--6
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…14 min read·Dec 18, 2017--3--3