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Latest / The Capitalism and Freedom in the Twenty-First Century Podcast

Former Fed Vice Chair Richard Clarida Talks Pandemic Monetary Policy and Inflation

Jon Hartley and Richard Clarida discuss the latter’’s career, academic contributions and government service, including his time as vice chair of the Federal Reserve. Their conversation covers key topics such as inflation in the early 2020s, monetary policy during the COVID-19 pandemic, and the upcoming Federal Reserve monetary policy framework review. They also discuss the legacy of the Fed’s flexible average inflation targeting (FAIT) enacted under Clarida’s leadership, the utility of DSGE models at the Federal Reserve and other central banks around the world, and the early origins of…

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