MNI FedSpeak Podcasts

The Federal Reserve can't sustain 50 basis point rate cuts if the economy and the labor market remain strong and inflation pressures linger, ex-NY Fed executive Ricks Roberts told MNI. 

Ricardo Reis, an LSE professor who advises the Richmond Fed, the Bank of England and the Riksbank, tells MNI the Fed is likely to take an incremental approach to rate cuts. 

Former Fed board governor Jeremy Stein tells MNI he thinks inflation will be sticky around 2.5%, forcing the Fed to be gradual about the pace of rate cuts barring some serious deterioration in the labor market. 

Tony Stillo, Canadian economist at Oxford Economics and a former Ontario forecasting official, says the Bank of Canada will space out rate cuts given lingering wage and price inflation.

Former Chicago Fed President Charles Evans talks to MNI about the outlook for U.S. monetary policy, arguing that the Fed is justified in waiting to see if inflation is heading back sustainably to its 2% goal.

In a wide-ranging interview, former FDIC Chair Sheila Bair talks to MNI about Federal Reserve policy, financial stability and the outlook for banking regulation. 

Former St. Louis Fed policy adviser David Andolfatto is worried that fiscal largesse will prevent the Federal Reserve from reaching its 2% inflation goal anytime soon.

Devlin Capital founder Ed Devlin discusses the outlook for Bank of Canada interest-rate cuts this year and how officials will manage sticky inflation and a weakening economy.

The euro area economy and inflationary dynamics are “still far away from a normal post-pandemic situation,” as supply-side shocks still resonate, the European Central Bank’s Director General for Economics at the Oscar Arce told MNI.“We are still seeing the persistent effects of the chain of shocks. It is not only the pandemic but it is the pandemic plus the energy crisis the geopolitical uncertainty created by the war in Ukraine but also by the Middle East,” Arce told an MNI podcast, in which he discussed an ECB Occasional Paper on post-pandemic inflation.

The U.S. Treasury market is still vulnerable to bouts of illiquidity and volatility although reforms like central clearing should help, says Samim Ghamami, an economist who is working on the issue at the Securities and Exchange Commission.