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What do Jeremy Steinand Jerome Powell want?

Matthew Yglesias sums up what we know about the monetary policy leaning’s of the Federal Reserve’s newest governors. The answer, basically, is not much.
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Obama taps ex-Treasury official, Harvard economist for Fed Board

Business & Finance : Money & Co (last year)

Barack Obama nominates Jerome H. (Jay) Powell and Jeremy C. Stein for Federal Reserve Board of Governors. Read Post

Should the Fed pop bubbles by raising interest rates?

Business & Finance : Ezra Klein (3 months ago)

Federal Reserve Governor Jeremy Stein gave a speech yesterday that everybody—or at least everybody in the rather small world of monetary policy obsessives—is talking about. He looked at ways monetary policy can encourage bubbles in ... Read Post

Meet Jerome 'Jay' Powell, The Former Wall Streeter That President Obama Just Nominated To The Fed

Business & Finance : Business Insider: Clusterstock (last year)

Jerome "Jay" Powell may soon be the Fed's Wall Street guy. Yesterday, President Barack Obama announced that he would be nominating Powell, a Republican, and Democrat Jeremy Stein to fill the two vacant seats on the Federal Reserve B... Read Post


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