Monetary Policy Rules

New column:

Will Trump Try to ‘Overrule’ Monetary Policy?: How will the Federal Reserve evolve during Donald Trump’s term as president? Presently, three of the seven positions on the Federal Reserve Board are vacant. These vacancies, along with the possibility of replacing Federal Reserve Chair Janet Yellen when her term ends in early February of next year, give Trump an opportunity to change how the Fed conducts both monetary and regulatory policy. ...