36th Annual Monetary Conference: Roundtable Discussion: Should the Fed Be Subject to a Monetary Rule?

Featuring Lydia Mashburn, Jeffrey M. Lacker, Scott Sumner, Jeffrey Frankel, & John A. Allison

Ten years after the 2008 financial crisis, we are again facing the possibility of economic turmoil as the Fed and other central banks exit their unconventional monetary policies. Although central banks will move gradually, unforeseen circumstances could trigger a flight to safety and a collapse of asset prices.