SOMC: Inflation, Employment, and the Federal Reserve

The Shadow Open Market Committee: Fall 2021 Meeting
Inflation, Employment, and the Federal Reserve
Friday, October 1, 2021

AGENDA:

12:00 PM
WELCOMING REMARKS:
Michael Bordo, Rutgers University

PANEL I: INFLATION, EMPLOYMENT, AND THE FED'S MANDATE
Moderator: Gregory Hess, IES Abroad
Peter Ireland, Boston College and Mickey Levy, Berenberg Capital Markets, “Substantial Progress," Temporary vs Permanent and the Appropriate Calibration of Monetary Policy

Discussion with SOMC members

1:00 PM
PANEL II: DISCUSSION WITH LORETTA MESTER,
President, Federal Reserve Bank of Cleveland
Moderators: Andrew Levin, Dartmouth College
Charles Plosser, Former President, Federal Reserve Bank of Philadelphia

The Shadow Open Market Committee, under the auspices of the Manhattan Institute, is an independent group of economists that provides external perspectives on policy choices by the Federal Reserve and other leading central banks. The SOMC addresses a wide range of macroeconomic issues, including monetary policy, banking and financial regulations, and fiscal policy matters that bear on monetary policy decisions.

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