My latest Macro Musings podcast is with Ylan Muy of the Washington Post. She was the Fed beat reporter for several years and now covers economic policy at the White House. She joined me to discuss what it was like covering the Fed and what we might expect going forward from President Trump's economic policies.
This was a fascinating conversation throughout and we covered everything from the tight security of FOMC press meetings to the future of the Fed's balance sheet to whether the Fed will ever have a truly symmetric 2% inflation target. We also considered whether Trump's economic policies will truly live up to the market's expectations for them. One thing we do know for sure is that 2017 will be an interesting year for U.S. economic policy and Ylan will have much to cover for the Washington Post.
Ylan also shared that she is working with the Brookings Institute on a book about negative interest rates as a tool for monetary policy. It sounds interesting and I look forward to reading it.
Finally, Ylan and I discussed the lack of women in macroeconomics. A recent article in the Journal of Economic Perspectives reminded us that a disproportionately small share of women are in the economics profession. This problem seems to be even more pronounced in macroeconomics. Ylan shared her observation on this challenge and talked about her related work on Janet Yellen breaking barriers in macroeconomics.
This was great episode to start the new year. You can listen to the podcast on Soundcloud, iTunes, or your favorite podcast app. You can also listen via the embedded player above. And remember to subscribe since more episodes are coming.
Ylan Muy's articles at the Washington Post
Ylan Muy's Twitter Account