Moody's Talks - Inside Economics Blinder Speaks Out on Fed Day
Dec 19, 2024
Alan Blinder, a Princeton professor and former Fed Vice Chair, shares fascinating insights on the recent Fed rate cuts amidst economic uncertainty. He discusses the decline in job finding rates, especially for immigrant workers, and critiques corporate tax cuts. Blinder reflects on the historical compromise of Fed independence during Nixon's presidency, revealing its lasting implications. The conversation also touches on the balance of monetary policy against evolving political landscapes and the resilience of the economy despite challenges ahead.
Chapters
Books
Transcript
Episode notes
1 2 3 4 5 6 7
Intro
00:00 • 2min
Economic Leadership and Federal Reserve Insights
01:49 • 21min
Nixon, Burns, and Fed Independence
22:19 • 7min
Impact of Job Finder Rates and Corporate Tax Cut Inefficiencies
29:14 • 2min
Federal Reserve Independence at Risk
31:39 • 5min
Market Dynamics and Political Influences
36:41 • 4min
Economic Policies Through the Ages
41:07 • 11min
