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Live Online Conference 

# Cato Institute’s 40th Annual Monetary Conference 

### The State of Monetary Policy after 40 Years 

Date and Time 

September 8, 2022 9 AM - 3:40 PM EDT 

Location 

Live Online 

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With massive U.S. debt and deficits, inflation at a 40-year high, and popular/​political pressure for expanding the Fed’s mandate, it’s time to assess the Fed’s performance and future. Please join leading scholars and policymakers to discuss **“The State of Monetary Policy after 40 Years.”**

9:00 - 9:10 AM 

**Welcoming Remarks**

[James A. Dorn](https://cato.org/people/james-dorn), Vice President for Monetary Studies, Cato Institute

9:10 - 9:50 AM 

**A Conversation with Jerome Powell**

[**Jerome Powell**](https://cato.org/people/jerome-h-powell), Chair, Federal Reserve Board 

Moderated by [**Peter H. Goettler**](https://cato.org/people/peter-goettler), President and CEO, Cato Institute

9:50 - 10:00 AM 

**Break**

10:00 - 11:15 AM 

**Panel 1: What Have We Learned?**

**[Mervyn King](https://cato.org/people/mervyn-king)**, former Governor, Bank of England 
[**Claudio Borio**](https://cato.org/people/claudio-borio), Head of the Monetary and Economic Department, Bank for International Settlements 
**[Lawrence H. Summers](https://cato.org/people/lawrence-summers)**, Charles W. Eliot University Professor, Harvard University; former Secretary of the Treasury 
[**Tyler Goodspeed**](https://cato.org/people/tyler-goodspeed), Kleinheinz Fellow, Hoover Institution 

Moderated by [**Nick Timiraos**](https://cato.org/people/nick-timiraos), Chief Economics Correspondent, *Wall Street Journal*

11:15 - 11:30 AM 

**Break**

11:30 AM - 12:45 PM 

**Panel 2: The Fed’s Operating System and New Monetary Framework: An Appraisal**

[**Patricia Zobel**](https://cato.org/people/patricia-zobel), Manager pro tem, System Open Market Account, Federal Reserve Bank of New York 
[**Kevin Warsh**](https://www.cato.org/people/kevin-warsh), Shepard Family Distinguished Visiting Fellow in Economics, Hoover Institution; former member, Board of Governors, Federal Reserve System 
[**Vincent Reinhart**](https://cato.org/people/vincent-reinhart), Chief Economist and Macro Strategist, Dreyfus-Mellon 
[**George Selgin**](https://www.cato.org/people/george-selgin), Senior Fellow and Director Emeritus, Center for Monetary and Financial Alternatives, Cato Institute 

Moderated by [**Neil Irwin**](https://www.cato.org/people/neil-irwin), Chief Economic Correspondent, *Axios*

12:45 - 1:15 PM 

**Break**

1:15 - 2:00 PM 

**The (Temporary?) Conquest of American Inflations**

**[Thomas J. Sargent](https://cato.org/people/thomas-sargent)**, William R. Berkley Professor of Economics and Business, New York University; Nobel Laureate in Economics 

Introduction by [**Norbert Michel**](https://cato.org/people/norbert-michel), Director, Center for Monetary and Financial Alternatives, Cato Institute

2:00 - 2:15 PM 

**Break**

2:15 - 3:30 PM 

**Panel 3: The Future of Money in a Fintech World**

[**Eswar Prasad**](https://www.cato.org/people/eswar-prasad), Tolani Senior Professor of Trade Policy, Cornell University; author of *The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance* 
[**David Musto**](https://www.cato.org/people/david-musto), Ronald O. Perelman Professor in Finance, The Wharton School, University of Pennsylvania 
[**Megan Greene**](https://www.cato.org/people/megan-greene), Global Chief Economist, Kroll Institute; Senior Fellow, Watson Institute for International and Public Affairs, Brown University 
[**Lawrence H. White**](https://www.cato.org/people/lawrence-white), Professor of Economics, George Mason University 

Moderated by [**Christopher Mims**](https://www.cato.org/people/christopher-mims), Technology Columnist, *Wall Street Journal*

3:30 - 3:40 PM 

**Closing Remarks**

[**James A. Dorn**](https://cato.org/people/james-dorn), Vice President for Monetary Studies, Cato Institute

*Funding from the Harold J. Bowen, Jr. and DuVal Bowen Family Foundation is gratefully acknowledged.*

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