Friday, July 24, 2026

Fed Policy Approach Debate

The Federal Reserve Ain’t Broke, So Don’t Fix It by Alan Blinder
https://www.wsj.com/opinion/the-federal-reserve-aint-broke-so-dont-fix-it-c22a2de0
We need forward guidance to avoid the guessing game that follows when central bankers say nothing. 

Structural shifts demand a new central banking mindset by Vivekanand Jayakumar, The Hill, July 21, 2026
https://thehill.com/opinion/finance/5979598-monetary-policy-paradigm-shifts/
While the primary objective of most central banks — maintaining price stability — remains unchanged, the post-pandemic economic landscape has evolved in ways that require policymakers to rethink how monetary policy is designed and implemented.