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2008 US Monetary Policy Forum
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2008 US Monetary Policy Forum

February 29, 2008 - New York

This annual conference brings together academics, market economists and policymakers. The conference is co-sponsored by the Initiative on Global Markets at the University of of Business and the .

Program

The conference began with the  2008 report, "Leveraged Losses: Lessons from the Mortgage Market Meltdown," which was prepared by David Greenlaw (Morgan Stanley), Jan Hatzius (Goldman Sachs), Anil Kashyap (Chicago Booth), and Hyun Song Shin (Princeton).

The report was discussed by (Federal Reserve Board of Governors) and Eric Rosengren (Federal Reserve Bank of Boston) discussed the report. See remarks by FOMC members and others:

  • Frederic Mishkin, Federal Reserve Board of Governors ()
  • Eric Rosengren, Federal Reserve Bank of Boston ()

This year's keynote address was by Vincent Reinhart and was titled "The Governance, Communication, and Conduct of Federal Reserve's Monetary Policy."

The meeting concluded with a panel discussion on "Balancing Financial Stability, Price Stability, and Macroeconomic Stability: How Important is Moral Hazard?" featuring Charles Evans (Federal Reserve Bank of Chicago), Peter Hooper (Deutsche Bank), William Poole (Federal Reserve Bank of St. Louis), and Kenneth West (University of Wisconsin). The discussion was moderated by Paul Tucker, Executive Director Markets, Bank of England. View remarks by FOMC members and others:

  • Charles Evans, Federal Reserve Bank of Chicago
  • Peter Hooper, Deutsche Bank (view remarks)
  • William Poole, Federal Reserve Bank of St. Louis
  • Kenneth West, University of Wisconsin

The full participant list is available here.

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