Speaker: | Gabriel Stein |
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Speaker Intro: |
A monetarist economist with more than 25 years’ experience of successfully forecasting the world economy, with special emphasis on USA, Eurozone, smaller developed markets and China. |
Host: | |
Description: |
Thirty years ago, nobody outside a small circle really cared about central banks and central bankers. Ten years ago, by contrast, central bankers, victorious in the battle against inflation, had reached semi-divine status (except Alan Greenspan, who was almost fully divine). Today we know that central bankers are not all-powerful and all-knowing. Even so, we are still dependent on them. But now central banks face three crucial issues: What they have to do — normalise monetary policy; what they want to do — return to inflation targeting; and what they fear doing — taking on macro-prudential responsibility. In this talk, I will examine each of these issues, looking at the risks and opportunities for central banks and the consequences of their actions. |
Time: | 2018-10-12(Friday)16:40-18:00 |
Venue: | N302, Econ Building |
Organizer: | WISE&SOE |