LHMeyer/Monetary Policy AnalyticsFed Staff Research Signals Unease About Ignoring Unemployment Drop Wall Street Journal on August 24, 2018 “The paper…provides intellectual support for the Fed to continue on its policy path, said Derek Tang, an economist at LH Meyer Inc., an economic-forecasting firm.”
In veiled message to Trump, Powell warns against meddling on Fed rates Politico on May 25, 2018 Laurence Meyer, a former Fed governor who now heads a policy analysis firm, said the remarks underscore Powell’s style of being particularly direct for a Fed chairman. He said there was “no question” that those words were aimed […]
Fed Not Ready to Declare Mission Accomplished on Inflation Bloomberg News on Apr 30, 2018 Former Fed Governor Laurence Meyer said that will confront the central bank with “a balancing act” in setting monetary policy in response. “You can’t go so fast that you’re going to threaten the expansion but you’ve got to go fast […]
Powell’s Fed Bets on Running a Hot Economy Without Overheating Bloomberg News on Apr 25, 2018 Fed officials are “taking a risk, or rather it has been taken for them because of badly timed fiscal stimulus,” said former Fed Governor Laurence Meyer, who runs a policy research firm in Washington. “They can’t prevent an overshoot, […]
Powell Could Put Up With 2.5% Inflation to Keep Growth Pumping Bloomberg News on Feb 26, 2018 “I’ve had some hawks on the committee surprise me and say they wouldn’t be worried about a modest overshoot” as long as it’s below 2.5 percent, former Fed governor Laurence Meyer said, without identifying who those anti-inflation stalwarts […]
Powell Faces Policy ‘Combativeness’ in Riskier Post-Yellen World Bloomberg News on Feb 26, 2018 Because his testimony is happening before the FOMC formally updates its forecast next month, Powell will have to manage the tension between an upgraded economic outlook and a policy path that is still stuck at three hikes from December, said former […]
Dear Jay: High-Powered Advice for the Incoming Fed Chairman Bloomberg News on Feb 05, 2018 Laurence Meyer Former Fed governor who now heads his own consulting company “I would have better communication about the meaning of the symmetric inflation objective…It has this hint that you want to be above 2 percent late in the cycle. […]
Fed Officials See Benefits in Letting Inflation Run Above Target Bloomberg News on Jan 19, 2018 Former Fed Governor Laurence Meyer reckons that officials might tolerate inflation rising to around 2.5 percent. Dudley’s stated willingness to accept an overshoot “has a lot of force” given his senior position in the Fed hierarchy, according to Meyer, […]
Goodfriend May Toughen Fed’s Resolve to Lift Inflation to Target Bloomberg News on December 5, 2017 “What most defines his views, at least more accurately than the standard ‘dovish’ or ‘hawkish,’ would be an aggressiveness whenever inflation credibility is threatened, in either direction,” former Fed Governor Laurence Meyer, president of Monetary Policy Analytics in Washington, […]
How Jerome Powell can save the Fed from Trump Politico on Nov 27, 2017 “Every Fed chair understands at his or her core that their job is to protect the independence of the Fed, and one of the ways you do that is by maintaining a good relationship with the Congress,” said Laurence Meyer, a […]