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

Monetary Policy and Central Bank Targets with David Beckworth (Mercatus Senior Research Fellow)
Jon Hartley and David Beckworth discuss David’s career, monetary policy, the history of Nominal GDP targeting as an idea along with its benefits and challenges, the history of inflation targeting along with its recent evolution, the Fed’s recent framework reviews, as well as corridor (scarce reserves) versus floor (ample reserves) systems.
Recorded on January 7, 2025.
ABOUT THE SPEAKERS:
David Beckworth is a senior research fellow at the Mercatus Center at George Mason University and director of the Mercatus Center’s monetary policy program. His primary research focuses on the targets, tools…
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