
Why the US Federal Reserve’s Options Are Limited
Jun 14, 2022 J. Bradford DeLong sees the central bank’s own forward guidance preventing it from raising interest rates as fast as it should.
J. Bradford DeLong is Professor of Economics at the University of California, Berkeley and a research associate at the National Bureau of Economic Research. He was Deputy Assistant US Treasury Secretary during the Clinton Administration, where he was heavily involved in budget and trade negotiations. His role in designing the bailout of Mexico during the 1994 peso crisis placed him at the forefront of Latin America’s transformation into a region of open economies, and cemented his stature as a leading voice in economic-policy debates.
Jun 14, 2022 J. Bradford DeLong sees the central bank’s own forward guidance preventing it from raising interest rates as fast as it should.
May 11, 2022 J. Bradford DeLong thinks the current medium-term outlook bodes well for the recovery and the US Federal Reserve's reputation.
Mar 25, 2022 J. Bradford DeLong considers the prospects for employment growth and inflation in light of new global circumstances.
Feb 8, 2022 J. Bradford DeLong finds much to agree with in a new book by an economist from the other side of the US partisan divide.
Jan 6, 2022 J. Bradford DeLong identifies the barriers preventing an unprecedentedly wealthy humanity from reaching its full potential.