128 – Robert Kaplan on the FOMC, the Dallas Fed, and Lessons from the Great Recession

128 – Robert Kaplan on the FOMC, the Dallas Fed, and Lessons from the Great Recession

Rob Kaplan is the President and CEO of the Federal Reserve Bank of Dallas. Previously, he was a professor and associate dean at Harvard Business School and a vice chairman at Goldman Sachs. Rob joins the show today to talk about his career, the Dallas Fed, and U.S. monetary policy. David and Rob also discuss the inner workings of the FOMC, the future of the Fed's operating system, and lessons to be learned from the 2008 Financial Crisis. Rob also shares his thoughts on alternative monetary regimes, including nominal GDP targeting. Rob's Twitter: @RobSKaplan Rob's Dallas Fed profile: https://www.dallasfed.org/en/fed/bios/kaplan.aspx David's blog: macromarketmusings.blogspot.com David's Twitter: @DavidBeckworth Transcript to this week's episode: https://www.mercatus.org/bridge/commentary/robert-kaplan-fomc-dallas-fed-and-lessons-great-recession

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Jeffrey Lacker on the History of Fed Credit Policy and the Four Doctrines of Fed Lending

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Jon Hartley on the Shadow Open Market Committee and Macroeconomic Policy

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Tara Sinclair on Real-time Economic Analysis and the Fed's Upcoming Framework Review

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Tara Sinclair is a professor of economics and international affairs at George Washington University, where she also directs the George Washington Center for Economic Research. From 2022 to 2024, Tara ...

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