Authors Glenn Hubbard and Tony O’Brien discuss the recent jobs report falling short of expectations. They also discuss the comments of Fed Chairman Powell’s comments at the Federal Reserve’s recent Jackson Hole conference. They also get to some of the recommendations of a Brookings Task Force, co-chaired by Glenn Hubbard, on ways to address financial stability. Use the links below to see more information about these timely topics:
Powell’s Jackson Hole speech:
https://www.federalreserve.gov/newsevents/speech/files/powell20210827a.pdf
The report of Glenn’s task force:
https://www.brookings.edu/wp-content/uploads/2021/06/financial-stability_report.pdf
The most recent economic forecasts of the FOMC:
https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20210616.pdf
HubbardOBrienEconomics.com Blog 