Athanasios Orphanides on Real-Time Monetary Rules and their Impact on the Fed’s Framework Review

奥芬迪斯关于实时货币政策及其对美联储框架审查影响的观点

Macro Musings with David Beckworth

教育

2025-03-17

57 分钟
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单集简介 ...

Sign up for David's Substack: Macroeconomic Policy Nexus Athanasios Orphanides is a professor at MIT, formerly served at the Federal Reverse for 15 years, and was the Governor of the Central Bank of Cyprus. In Athanasios’s first appearance of show he discussed real-time monetary policy rules, their implication on the Fed’s framework review, his natural growth target, and much more. Check out the transcript for this week’s episode, now with links. Recorded on February 18th, 2025 Follow David Beckworth on X: @DavidBeckworth Follow the show on X: @Macro_Musings Check out our new AI chatbot: the Macro Musebot! Join the new Macro Musings Discord server! Join the Macro Musings mailing list! Check out our Macro Musings merch! Subscribe to David's new BTS YouTube Channel  Timestamps: (00:00:00) – Substack Announcement (00:00:49) – Intro (00:02:24) – Athanasios’ Career Journey (00:06:08) – Real-Time Policy Rules (00:23:36) – Potential Drawbacks of Monetary Rules (00:28:46) – Natural Growth Targeting Rule (00:37:31) – Federal Reserve’s Framework Review (00:57:02) – Outro
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单集文稿 ...

  • Hey, Macro Musing listeners, this is your host,

  • David Beckwourth and I have some exciting news for you.

  • I am launching a substack newsletter this week that is titled Macroeconomic Policy Nexus.

  • Yes, after a five year hiatus, I am returning to the world of blogging,

  • at least in its modern form, as a sob stack newsletter.

  • The newsletter will publish twice a week.

  • On Monday, the newsletter will highlight the podcast and bonus content related to the show.

  • On Thursday, the newsletter will report on news papers and topics that strike my fancy.

  • So if you cannot get enough of the podcast, its guests and myself, this is your chance for more.

  • So be sure to sign up.

  • Details are in the show notes.

  • Now on to the show.

  • Welcome to Macro Musings,

  • where each week we pull back the curtain and take a closer look at the most important macroeconomic issues of the past,

  • present and future.

  • I am your host, David Beckwourth,

  • a Senior researcher Research fellow with the Merkitis center at George Mason University,

  • and I'm glad you decided to join us.

  • Our guest today is Athanasios Orphanides.

  • Athanasios is a professor at MIT and a well known and seasoned veteran of the central banking world.