Mostly Economics

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Don’t Let Financial Regulators Dream Up Climate Solutions Posted: 30 Mar 2021 03:45 AM PDT There is a rush of central banks responding to climate risks. John Cochrane provides a contrarian view and says they shouldn’t get into climate change: Climate means the overall pattern of weather—its averages and its range of ups and downs. Risk means unforeseen events. We know exactly where the climate is going over the horizon […]

Getting Out the Vote: Behind the Scenes of an FOMC Meeting Posted: 30 Mar 2021 03:18 AM PDT Charles Davidson of Atlanta Fed in this post takes us through the behind the scenes of an FOMC Meeting. Although meticulously planned, the committee's meetings vary in length from six-and-a-half to roughly 10 hours on the first day, depending on economic circumstances and how much Fed action needs to be dissected and discussed. The second-day […]

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