Exploring Rate Normalization and Policy Responses

Skanda Amarnath is the executive director of Employ America, a think tank that promotes full employment in the American economy, and Preston Mui is also a senior economist at Employ America. Skanda and Preston join Macro Musings to talk about U.S. disinflation and the debates surrounding it, as well as what we can expect from Fed policy in 2024 and beyond, and finally, the Fed’s framework review that is set to begin later this year.

Transcript for this week’s episode.

Skanda’s Twitter: @IrvingSwisher

Skanda’s Medium archive

Preston’s Twitter: @PrestonMui

Preston’s Github profile

Skanda and Preston’s Employ America bios

David Beckworth’s Twitter: @DavidBeckworth

Follow us on Twitter: @Macro_Musings

Join the Macro Musings mailing list!

Check out our new Macro Musings merch!

Related Links:

*Ten Thoughts on the Tribal “Transitory” Debate as We Enter 2024* by Skanda Amarnath

*Three Motivations for Interest Rate Normalization: A Playbook for Fed Policy in 2024* by Preston Mui and Skanda Amarnath

Jerome Powell’s Opening Remarks at Monetary Policy Challenges in a Global Economy, a policy panel at the 24th Jacques Polak Annual Research Conferences, hosted by the IMF