Ben Bernanke | AEIdeas

Saturday, May 18, 2013

QE forever This has been featured before on CD, but it’s so good and still so appropriate, that I thought it was time for a re-post.

Photo Credit: Leader Nancy Pelosi/Flickr

Economics, Financial Services

The devil is in the details part II: Regulators mull making the QRM definition identical to CFPB’s new ‘Qualified Mortgage’ rule

Edward Pinto | February 26, 2013, 3:39 pm

Last month it was the Consumer Financial Protection Bureau (CFPB) promulgating its Dodd-Frank Act mandated Qualified Mortgage rule (QM). Dodd-Frank imposed QM to set minimum mortgage standards. Yet it is now being touted as making sure “prime” loans will be … read more >

Image Credit: Medill DC (Flickr) (CC BY 2.0)

Economics, Monetary Policy, Pethokoukis

2 charts that show the GOP is all wrong about Bernanke

James Pethokoukis | February 26, 2013, 12:44 pm

During Ben Bernanke’s Senate testimony this morning, Republicans again lambasted the Fed chairman for worrying too little about the inflationary potential of his low interest rate/quantitative easing monetary policy. From the WSJ: A testy exchange between Sen. Bob Corker (R-Tenn) … read more >

Economics, Pethokoukis

The most dangerous idea about the Fed: Monetary policy doesn’t matter

James Pethokoukis | January 4, 2013, 12:48 pm

It wasn’t so long ago that the Federal Reserve and its chairman were thought to have virtually omnipotent ability to influence the course of the US economy. Policymakers were dazzled by three decades of steady economic growth and low inflation, … read more >

Economics, Pethokoukis

How will economic history judge Bernanke?

James Pethokoukis | January 2, 2013, 1:33 pm

Odds are Federal Reserve Chairman Ben Bernanke almost certainly won’t seek to be appointed to another four-year term in 2014. So 2013 represents his final lap around the track. How will economic historians judge his tenure running the central bank? … read more >

Pethokoukis

Will Bernanke and Geithner swap jobs?

James Pethokoukis | December 18, 2012, 10:11 am

G. William Miller is the only person to serve as Federal Reserve chairman (1978-1979) and U.S. Treasury secretary (1979-1981), filling both jobs — less than ably — during the Carter administration. But Miller may soon have company. Outgoing Treasury Secretary … read more >

Economics, Pethokoukis

2 cheers for the Bernanke Rule

James Pethokoukis | December 13, 2012, 10:27 am

This analysis was originally going to be titled “Dr. Inflationlove or: How I learned to stop worrying and love The Ben Bernank.” But I decided that was too flippant, even for me — and, ultimately, misleading. By explicitly linking interest … read more >

Economics, Monetary Policy, Pethokoukis

Would Milton Friedman really have approved of Ben Bernanke’s QEternity plan?

James Pethokoukis | October 1, 2012, 4:15 pm

A fascinating and instructive speech today on monetary policy from Ben Bernanke. The Fed chairman attempted to calm concerns about his open-ended bond-buying plan. Bernanke denied he was enabling Big Government by monetizing the debt. Bernanke denied his actions would lead to … read more >

Pethokoukis

Bernanke and the Fed just gave Romney a huge gift

James Pethokoukis | September 14, 2012, 10:47 am

The common wisdom among the punditocracy is that the Federal Reserve’s announcement of its new, open-ended bond-buying program will provide a big boost to President Obama’s reelection by juicing the stock market and economy. Actually, however, the Fed’s monetary move … read more >

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Economics, Monetary Policy

Bernanke’s Jackson Hole speech: So far, so good

John Makin | August 31, 2012, 2:14 pm

Bernanke offered up a convincing rationale for the Fed’s experimental approach to monetary policy after the financial crisis. He also signaled that the Fed intends to continue with the experiment until the unemployment rate comes down further, but said nothing … read more >

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