For Monetary Policy Nerds

Powell Speech: Monetary Policy in the Time of Covid
https://www.federalreserve.gov/newsevents/speech/files/powell20210827a.pdf
 
The new Powell doctrine
https://www.economist.com/finance-and-economics/2021/08/28/the-new-powell-doctrine

It’s time for the Fed to rethink quantitative easing
https://www.washingtonpost.com/opinions/2021/08/26/its-time-fed-rethink-quantitative-easing/

The Pandemic Is Testing the Federal Reserve’s New Policy Plan

https://www.nytimes.com/2021/08/25/business/economy/federal-reserve-jackson-hole-meeting.html
 
Biden and the Fed Wanted a Hot Economy. There’s Risk of Getting Burned.
https://www.nytimes.com/2021/08/23/upshot/biden-economy-analysis-inflation.html
 
How Should the Fed Deal with Climate Change?
https://www.nytimes.com/2021/08/26/upshot/fed-climate-change-analysis.html

Racial income and wealth gaps are huge – but the Fed doesn’t have the right tools to fix them
https://theconversation.com/racial-income-and-wealth-gaps-are-huge-but-the-fed-doesnt-have-the-right-tools-to-fix-them-166791

Some Say Low Interest Rates Cause Inequality. What if It’s the Reverse?

https://www.nytimes.com/2021/08/28/upshot/some-say-low-interest-rates-cause-inequality-what-if-its-the-reverse.html 

Banks Are Bingeing on Bonds, but Not Because They Want To
https://www.nytimes.com/2021/08/25/business/banks-government-bonds.html