For the Federal Reserve, a low-interest-rate environment means quantitative easing because the federal funds rate has already been effectively brought to zero.

Senator Rand Paul and Representative Ron Paul are right to seek increased oversight of the Federal Reserve’s monetary policy, but their legislation is an inefficient means to that end.

Market participants do not appreciate the changes made by the Federal Reserve and the Federal Reserve does not like applying difficult lessons from textbooks.

Vincent Reinhart testifies on monetary policy and the price of oil.

Vincent and Carmen Reinhart present evidence that the view that modest alterations to monetary policy have vast consequences is inconsistent with theory and not supported by evidence.

On the occasion of the first-ever press conference by Federal Reserve Chairman Ben Bernanke on Wednesday, April 27, the following AEI scholars will be available to comment.

In the lead-up to today's Dodd-Frank implementation hearing before the Senate Banking Committee featuring Fed Chairman Ben Bernanke, three AEI banking and financial services experts are available to comment.

The Federal Reserve's Vincent Reinhart will join AEI later this year.