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Larry Meyer on How Powell Differs from Yellen and Bernanke

Source: CNBC Former Fed Governor: How Powell differs from Yellen and Bernanke Thursday, 2 Nov 2017 | 3:15 PM ET Richard Fisher, former Dallas Fed president, and Laurence Meyer, former Fed governor, discuss President Trump’s nomination of Jerome Powell to lead the Federal Reserve. Former Fed Governor: How Powell differs from Yellen and Bernanke from […]

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The Only Reason Taylor is a High-Rate Person

It’s Going to Stay a Yellen Fed No Matter Who Gets the Job Bloomberg News on October 27, 2017 “The only reason Taylor is a high-rate person” in the minds of investors “is that he has a dramatically higher R-star estimate than anybody else on the committee,” said former Fed Governor Laurence Meyer, who doesn’t […]

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If Trump appoints a chairman sympathetic to the notion that the economy can expand 3 percent

Taylor’s Walk on Supply Side May Leave Him More Dove Than Yellen Bloomberg News on Oct 24, 2017 If Trump appoints a chairman sympathetic to the notion that the economy can expand at a 3 percent clip, “that is going to lead to policy decisions that will lean in the direction of allowing growth to […]

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It feels like the global economy is in something close to a synchronous upturn

Central Banks Try to Avoid Buzz Kill as They Pull Punchbowl Away Bloomberg News on October 9, 2017 “It feels like the global economy is in something close to a synchronous upturn” for the first time in years, said David Stockton.

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Thinking through the transmission of monetary policy to inflation is high on the agenda

Rules Reign on Trump’s Fed List as Post-Crisis Economy Breaks Them Bloomberg News on September 14, 2017 “Thinking through the transmission of monetary policy to inflation is high on the agenda” for the next Fed regime, said David Stockton, the Fed’s chief economic forecaster under former chairmen Alan Greenspan and Ben Bernanke. … “The notion […]

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A Lot of Similiarities Between Now and Late 1990s

Economy Parties a Bit Like 1999 as Yellen Heads to Jackson Hole Bloomberg News on August 23, 2017 “There are a lot of similarities,” between the late 1990’s and today, said Laurence Meyer, who was a Fed governor from 1996 to 2002 and now heads his own Washington-based consulting firm.

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They Are Taking Risks Here

Case for Faster Fed Rate Hikes Builds as Bond Markets Sleep Bloomberg News on May 11, 2017 “They are taking risks here,” said former Fed governor Laurence Meyer, the head of a Washington policy research firm that bears his name. “You are beyond full employment, you have confidence you are heading toward sustainable 2 percent inflation, […]

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Yellen Likely Put Down Three Hikes

Sleuthing for Fed Dots Hints at Yellen Plotting Three ‘17 Hikes Bloomberg News on January 17, 2017 “Yellen likely put down three hikes” for 2017 when Fed policy makers submitted projections in December, according to Laurence Meyer, a former Federal Reserve governor who now heads a policy analysis firm in Washington that bears his name. […]

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Greater Risk of a Policy Mistake

Fed on Edge as Trump Growth Bump Boosts Risks of Rate-Hike Error Bloomberg News on January 11, 2017 “There is a greater risk of a policy mistake,” said Laurence Meyer, a former Federal Reserve governor who now heads a policy analysis firm in Washington that bears his name. “The committee is going to get more than […]

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Some of the additional demand being generated by the U.S. is going to flow to foreign producers

Investors Are Thinking About What Could Actually Go Right in 2017 Bloomberg News on December 20, 2016 “Some of the additional demand being generated by the U.S. is going to flow to foreign producers” made more competitive by the stronger greenback, said David Stockton.