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Stocks Mostly Higher, but Dow Dragged Down by IBM

Fox Business, April 19, 2017. All Rights Reserved. Economic news: Boston Federal Reserve President Eric Rosengren said at Bard College's Levy Economics Institute that he would like the Fed to start shrinking the balance sheet but at such a gradual rate (http://www.marketwatch.com/story/feds-rosengren-wants-to-shrink-balance-sheet-so-slowly-that-rate-hikes-can-continue-2017-04-19) that it doesn't disrupt the central bank's raising of interest rates. Read more: […]

FDIC's Hoenig Warns Against Scrapping a US Bankruptcy Reform

Reuters, April 19, 2017. All Rights Reserved. A top U.S. financial regulator on Wednesday warned against scrapping, as some American lawmakers urge, the "Title II" part of the 2010 Dodd-Frank legislation that created an alternative insolvency process for large firms, saying further reforms would be needed to protect the economy…. Read more: http://www.reuters.com/article/us-usa-banks-hoenig-idUSKBN17L1TO

Fed's George Says 2017 Rate Hikes Depend on Economy

Bloomberg Markets, April 18, 2017. All Rights Reserved. Federal Reserve Bank of Kansas City President Esther George discusses monetary policy and the state of the U.S. economy. She speaks with Bloomberg's Michael McKee on "Bloomberg Markets." Video: https://www.bloomberg.com/news/videos/2017-04-18/fed-s-george-says-2017-rate-hikes-depend-on-economy-video

Fed's George Says Continuing with Rate Rises Is "Necessary"

The Wall Street Journal, April 18, 2017. All Rights Reserved. Federal Reserve Bank of Kansas City President Esther George said on Tuesday the U.S. central bank needs to press forward with rate rises, adding it should also begin reducing its massive balance sheet later in the year. Read more: https://www.wsj.com/articles/feds-george-says-continuing-with-rate-rises-is-necessary-1492520723

Federal Official Backs Bond Paring This Year

CNBC, April 18, 2017. All Rights Reserved. Another Federal Reserve policymaker on Tuesday backed an emerging U.S. central bank plan to begin trimming its bond holdings later this year, as Kansas City Fed President Esther George warned against waiting too long in order to "overheat" labor markets…. Read more: http://www.cnbc.com/2017/04/18/fed-official-backs-bond-pairing-this-year.html

George Calls For Fed's Balance Sheet to Shrink on "Autopilot"

Bloomberg Markets, April 18, 2017. All Rights Reserved. Federal Reserve Bank of Kansas City President Esther George urged the Federal Open Market Committee to start shrinking its $4.5 trillion balance sheet this year, making reductions automatic and not subject to a quick reversal…. Read more: https://www.bloomberg.com/news/articles/2017-04-18/george-calls-for-fed-s-balance-sheet-to-shrink-on-autopilot

Another Fed Official Backs Paring Bond Holdings This Year

Reuters, April 18, 2017. All Rights Reserved. Another Federal Reserve policymaker on Tuesday backed an emerging U.S. central bank plan to begin trimming its bond holdings later this year, as Kansas City Fed President Esther George warned against waiting too long in order to "overheat" labor markets…. Read more: http://mobile.reuters.com/article/idUSKBN17K1J9

Another Fed Official Backs Paring Bond Holdings This Year

Nasdaq, April 18, 2017. All Rights Reserved. Another Federal Reserve policymaker on Tuesday backed an emerging U.S. central bank plan to begin trimming its bond holdings later this year, as Kansas City Fed President Esther George warned against waiting too long in order to "overheat" labor markets…. Read more: http://m.nasdaq.com/article/another-fed-official-backs-paring-bond-holdings-this-year-20170418-00756

Minsky Conference: Fed’s George Says 2017 Rate Hikes Depend on Economy

Live stream from the 26th Annual Hyman P. Minsky Conference

Live coverage of the Minsky ConferencE

26th Annual Minsky Conference live audio stream

Conference Proceedings

Will the Global Economic Environment Constrain US Growth and Employment?

A conference organized by the Levy Economics Institute of Bard College with support from the Ford Foundation The 2016 Minsky Conference addressed whether what appears to be a global economic slowdown will jeopardize the implementation and efficiency of Dodd-Frank regulatory reforms, the transition of monetary policy away from zero interest rates, and the “new” normal […]