Monetary Policy and Treasury Market Resilience

Sam Schulhofer-Wohl is a senior vice president and the senior advisor to President Lorie Logan of the Federal Reserve Bank of Dallas. Sam returns to the show to discuss recent macroeconomic conferences in the context of changes in the Treasury market and with central bank operating systems around the globe.

Check out the transcript for this week’s episode, now with links.

Recorded on May 27th, 2025

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Timestamps

00:00:00 - Bumper

00:00:20 - Intro

00:01:19 - Monetary Policy Conferences

00:03:15 - Role of Nonbank Institutions in the Treasury and Money Markets

00:07:48 - Central Clearing

00:33:19 - Operating Systems in Central Banks

00:49:52 - Outro