AEI Economists John Makin and Stephen Oliner on the Fed and QE3

Click here to read an uncorrected transcript.

The move by the Federal Reserve to ease more while extending low interest rate policy and Operation Twist provoked a sharp rally in stock markets.  What will the effect of the Fed’s recent policy actions be?  Has the Fed changed its tune to be more proactive in coming months?  Is inflation coming?

AEI economists John Makin and Stephen Oliner discussed these questions and more on a conference call hosted by AEI's Nick Schulz.

John Makin is a long-time Fed watcher with experience in academia, financial markets, and policy advising.  Makin has advised the US Treasury, the Federal Reserve, and various financial institutions in his extensive career.

Stephen D. Oliner joined AEI after more than 25 years at the Federal Reserve Board.  Oliner was most recently a senior adviser in the Division of Research and Statistics. He was actively involved in the Fed's analysis of the U.S. economy and financial markets over the past two decades.

Nick Schulz is DeWitt Wallace Fellow at AEI and the Editor-in-Chief of American.com, the online journal of AEI. 

Also Visit
AEIdeas Blog The American Magazine

What's new on AEI

image How to beat Memorial Day traffic forever
image Bernanke stumbles, markets react
image Don't edit the First Amendment
image Home Economics
AEI on Facebook
Events Calendar
  • 27
    MON
  • 28
    TUE
  • 29
    WED
  • 30
    THU
  • 31
    FRI
Wednesday, May 29, 2013 | 4:30 p.m. – 6:00 p.m.
Solar radiation management: An evolving climate policy option

As the controversy over climate policy has grown, it has been said that greenhouse gas (GHG) control is too hard but solar radiation management (SRM) is too easy. Join AEI for a discussion of the potential economic benefits, as well as the risks of SRM with Lee Lane, J. Eric Bickel and Nobel Laureate Thomas Schelling. A reception will follow.

Thursday, May 30, 2013 | 12:00 p.m. – 2:15 p.m.
Public employee pensions: How large are the deficits? What changes can be made?

At this event, panelists will address pension reform challenges by presenting the results of three research papers commissioned by AEI through a generous grant from the Smith Richardson Foundation.

Friday, May 31, 2013 | 9:15 a.m. – 11:15 a.m.
Long-term care: Markets or mandates?

Mark Warshawsky, a well-known expert in retirement finance and a newly appointed commissioner, will explain the implications of a publicly funded long-term care insurance program. Then a panel will debate whether another government program the best way to ensure that families can afford to provide the necessary services for their aging loved ones.

No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled today.
No events scheduled this day.