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New Monetary Policy Frameworks: Why Now?

Panelists
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Wednesday, February 19, 2020
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4:30 pm - 6:00 pm
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Tom Barkin, Sarah Bloom Raskin, and Aurel Schubert

With global interest rates close to zero, high debt levels, and a rise in geopolitical risks, economists, central banks, regulators, and policymakers are debating about what type of monetary, fiscal, and structural policies will be needed to support economic growth and respond to the next economic downturns.

This panel will discuss some recent proposals in terms of new macro policy frameworks, including close coordination between monetary and fiscal policies in the United States and European Union.

Panelists:
- Tom Barkin, President and CEO of the Federal Reserve Bank of Richmond
- Sarah Bloom Raskin, Former Deputy Secretary, U.S. Department of the Treasury & Governor of the Federal Reserve Board; Rubenstein Fellow, Duke University
- Aurel Schubert, Former Director-General, Statistics Department, European Central Bank

Discussants:
- Giovanni Zanalda, Duke University
- Lawrence G. Baxter, Duke University

This event is organized by the Duke University Center for International and Global Studies, the Global Financial Markets Center at Duke Law, and the Department of Economics.