Glasnost: Democracy Comes to the Fed--The Fed Under Ben Bernanke

  • Reference: HBS-7629BC-E

  • Number of pages: 17

  • Publication Date: Aug 12, 2008

  • Source: HBSP (USA)

  • Type of Document: Book Chapter

  • Industry Setting: Banking

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Description

In this chapter, leading economist, Ethan Harris, explores how the internal workings of the Fed have changed under its new chairman, Ben Bernanke. He looks at how the passing of the mantle from a data junkie to a former academic has changed the economic and policy discussion within the Fed, and at the implications of having a less dominant chairman. This chapter is excerpted from "Ben Bernanke's Fed: The Federal Reserve After Greenspan."

Keywords

Economic indicators Macroeconomics Monetary policy U.S. Federal Reserve Bank