When: Wednesday, March 2, 2022, 2:00 - 3:45 p.m. EST
What: Jay Powell’s first four-year term as Federal Reserve chair was largely focused on cushioning the economy from the effects of the COVID-19 pandemic, although it also saw changes in the Fed’s monetary policy strategy. His second term begins with inflation well above the Fed’s 2% target and the labor market at or near maximum employment.
The Hutchins Center will review Powell’s first term with The Wall Street Journal’s Nick Timiraos, author of a new book, “Trillion Dollar Triage: How Jay Powell and the Fed Battled a President – and Prevented Economic Disaster.” Then several experts will discuss the challenges Powell and his Fed colleagues face in the next four years—both on the monetary policy front and on financial regulation, climate change, and central bank digital currencies.
During the live event, the audience may submit questions at https://www.sli.do/ using the code #PowellFed or join the conversation on Twitter using the hashtag #PowellFed.
Timiraos’ book may be preordered here: https://www.friendlycitybooks.com/fed