Author Archives: John Taylor

Is Monetary Policy Sufficiently Restrictive?

The President of the Federal Reserve Bank of St. Louis, James Bullard, posted a very clear analysis of this question, addressing whether the Federal Reserve had raised the federal funds interest rate enough. The title of his analysis is what … Continue reading

Posted in Uncategorized | Leave a comment

Great Hearing at the House Budget Committee

Yesterday to travelled to Washington, DC and testified at the Cannon House Office Building before the House Committee on the Budget. The Chairman was Jodey Arrington, the Ranking Member was Brendan Boyle, and many other members of the Committee on … Continue reading

Posted in Uncategorized | Leave a comment

The Best Ten Online Stanford Courses — All on edX

Here are the ten courses that have been chosen by https://mashable.com/uk/deals/best-free-online-courses-stanford-university as the best Stanford University courses to take online. And Economics 1 at Stanford https://www.edx.org/course/principles-of-economics is on the list. They are all on edX. As they say: “All products … Continue reading

Posted in Uncategorized | Leave a comment

Great Bloomberg Interview: Now How to Get Back

In a Bloomberg TV interview today, Romaine Bostick @romainebostick and Scarlet Fu @scarletfu asked me great questions about the just-released inflation rate and the implications for Fed policy. During the interview, which goes for about 7 minutes from 3:50 to … Continue reading

Posted in Uncategorized | Leave a comment

A Very Big 15-Year Anniversary

We just reached a big anniversary:  “Economic Policy Working Group Reaches 15-Year Milestone in Providing Rigorous Policy Analysis and Solutions for American Prosperity,” as the Hoover Daily Report headlined in a just-published article. Here is the article https://www.hoover.org/news/economic-policy-working-group-reaches-15-year-milestone. It provides … Continue reading

Posted in Uncategorized | 1 Comment

Four Talks and More Thoughts on Fed and Policy

This week, on January 4, 2023, John Cochrane, Mickey Levy, Kevin Warsh & I spoke by Zoom at a policy roundtable on the increase in inflation and possible causes at the Hoover Economic Policy Working Group. It was an important … Continue reading

Posted in Uncategorized | Leave a comment

John Taylor’s Formula for the Fed

Informative NPR interview and discussion with me https://www.npr.org/2022/11/02/1133720724/john-taylors-formula-for-the-fed conducted by Darian Woods and Mary Childs on the Fed’s decision to raise rates and the Taylor Rule. Good questions and good answers with excerpts from Jay Powell and Janet Yellen. Here … Continue reading

Posted in Uncategorized | Leave a comment

New Book on the Fed and Recent Monetary Policy

The book is entitled HOW MONETARY POLICY GOT BEHIND THE CURVE — AND HOW TO GET BACK and is based on conference held on May 6. The conference is described here: https://economicsone.com/2022/05/08/monetary-policy-got-behind-the-curve-how-to-get-back/ The book on the conference has many insightful … Continue reading

Posted in Monetary Policy | Leave a comment

Triple Take with Hyde, Riggs, Basak, & Taylor Rule

Good in-depth interview on Bloomberg’s Triple Take with me fielding terrific questions from Caroline Hyde, Taylor Riggs, & Sonali Basak about Taylor Rule, Fed’s being behind curve, and how to get back. Video ointerview is here from 0.25 to 13.05 … Continue reading

Posted in Monetary Policy | Leave a comment

40 Years of Lessons Learned: Jackson Hole 1982 & 2022

The stock market reaction to the Kansas City Fed meeting in Jackson Hole today was not so pleasant. The Dow Jones Industrial Average was down over 1,000 points or by over 3 %. The S&P 500 was down 3.4 percent. … Continue reading

Posted in Monetary Policy | Leave a comment