Monday, June 23, 2025

Central Bankers in the News

Trump’s Relentless Fed Pressure Creates Lose-Lose Scenario for Powell
https://www.wsj.com/economy/central-banking/federal-reserve-interest-rates-pressure-trump-4ffd1edd
Two Fed officials appointed by Trump have become the first to speak out in favor of lowering rates after having supported last week’s decision to hold them steady.


Austan Goolsbee, president of the Federal Reserve Bank of Chicago, is less reserved than the average banker. He explains why vibes are overrated, why the Fed’s independence is non-negotiable, and why tariffs could bring the economy back to the Covid era.
https://freakonomics.com/podcast/fault-finder-is-a-minimum-wage-job/ 

Unintended Policy Shifts and Unexpected Consequences by Michelle Bowman
https://www.federalreserve.gov/newsevents/speech/bowman20250623a.htm
 
The Economic Outlook and Appropriate Monetary Policy by Adriana D. Kugler
https://www.federalreserve.gov/newsevents/speech/kugler20250605a.htm