Mar 8, 2023
Robert Hetzel reviews the evolution of monetary policymaking through the lens of his new book, The Federal Reserve: A New History. In part two of this two-part discussion, he focuses on the Fed's policies during the Great Inflation and the Great Moderation and after the Great Recession, as well as the role of the Federal Reserve Bank of Richmond during these periods. Hetzel was a senior economist and research advisor at the Richmond Fed from 1975 to 2018.
Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2023/speaking_2023_03_08_monetary_history_2