I just donated to a rider in the Pan-Mass Challenge. Click here to support your rider! #PMC2022 donate.pmc.org via @panmass

A useful assessment given the current economic and policy conjunctures. 'Structural reforms to help address the cost of living crisis' oecdecoscope.blog/2022/06/22/str… via @oecdeconomy

Catherine L. Mann says changes in interest rates in the US can affect the UK economy. And she explains how that has influenced her thinking on what should happen to interest rates in the UK. b-o-e.uk/3bfscgH

Of course, 'Done' w the PhD means just started on the next steps of the career journey!

Thanks for your good work!

Thanks for the shout out. Your success is my success. I remember Intl Econ at Brandeis, you at IHSGlobal Inisight commodities, Erasmus, now nearly done. Good for you! Pls reach out to Lillian Ehrlich, first yr, from my Citi Global Econ team.

Interested in #Inflation and #MonetaryPolicy ? Join our Center for Inflation Research for the Cleveland Fed Conversations on Central Banking on Tuesday, March 1, 2022, from 2:00 to 2:40 pm EST. Register: clefed.org/3uNW0bQ
Ricardo Reis Catherine L Mann Jason Furman Colby Smith

Join our Center for Inflation Research and panelists Ricardo Reis, Catherine L Mann & Jason Furman for the Cleveland Fed Conversations on Central Banking on Tuesday, March 1, 2022, from 2:00 to 2:40 pm EST. Register: clefed.org/3uNW0bQ
Bank of England Harvard Kennedy School LSE

At #bearconf2022 , Tobias discussing relationship betw monpol & financial conditions. Seems to me--much more research needed to evaluate: two tools (QT, policy rate) at two tenors (short-term, long-term), at two frequencies (level, delta) & initial contitions (easy vs normal FCI

🧵 Next up at our Bank of England Agenda for Research Conference is a panel session on Unwinding QE featuring IMF’s Tobias Adrian, San Francisco Fed’s Mary C. Daly + @ECB’s Isabel Schnabel 🇪🇺🇺🇦, chaired by Deputy Governor Ben Broadbent. #bearconf2022

Some differences. BoE long duration => longer to run off, but lumpier. Fed short duration => soon will have substantial pace of runnoff before more modest pace. ECB keeping an eye on relationship between balance sheet and house prices.

Listening to Ben Broadbent, Mary Daly, Isabel Schabel, Tobias Adrian on QT. #Bearconf2022 ... how to keep the balance sheet dynamics in the background in extremely uncertain times....

indeed it does....

A fantastic appointment! Congratulations to Susan (same class as me at MIT). Looking forward to 'central banker stuff'. Federal Reserve Bank of Boston Names Its Next President and Chief Executive Officer bostonfed.org/news-and-event… via @bostonfed

Something to keep in mind....

Unintended? Rather, another (important) example of cross-border financial spillovers.

As COVID evolves from ST disaster to LT structural adaptation, important to consider policy evolution as well. New from the OECD=>From hibernation to reallocation: loan guarantees and their implications for post-COVID-19 productivity oecdecoscope.blog/2021/11/04/fro… via @oecdeconomy

New OECD work linking competition policy and labor market policy to increase productivity and reduce inequality: Win Win.
The role of firms in wage inequality: Policy lessons from a large-scale cross-country study oecdecoscope.blog/2021/12/09/the… via @oecdeconomy

congrats!

From two of the most balanced researchers on the topic.