Beyond "Unprecedented" Episode 02: Can the Fed Rescue Us?
Download Transcript - Episode 02: Can the Fed Rescue Us? (329 KB)
The Federal Reserve’s awesome power to guide monetary policy and regulate financial institutions is often underappreciated. But the Fed’s actions will determine how quickly and effectively the United States rebounds from this economic crisis.
In the second episode of Beyond “Unprecedented,” host Eric Talley welcomes two experts among a small cadre of legal scholars who study the Fed: Visiting Professor Peter Conti-Brown and Professor Kathryn Judge. These “strange birds,” as Talley affectionately describes them, discuss how the Fed – which is traditionally focused on inflation, interest rates, and the stability of the financial system – is increasingly concerned with labor market conditions and supporting a post-pandemic economy in which everyone who wants a job can find one.
Ira M. Millstein Center for Global Markets and Corporate Ownership
Talley, Eric L.; Conti-Brown, Peter; and Judge, Kathryn, "Beyond "Unprecedented" Episode 02: Can the Fed Rescue Us?" (2020). Beyond "Unprecedented". 3.