Robert Kaplan on the Feds New Framework, Inflation, and the Post-COVID Economy

Published: Feb. 8, 2021, 5:30 a.m.

Robert Kaplan is the president and CEO of the Federal Reserve Bank of Dallas. Previously, he was a professor and Associate Dean at Harvard Business School, and prior to that was a Vice Chairman of Goldman Sachs. Robert is a returning guest to the podcast, and he rejoins Macro Musings to discuss the Fed's new framework, inflation, interest rates and more. Specifically, David and Robert talk about COVID\u2019s impact on FOMC operations, how demographic trends are impacting productivity, the Fed\u2019s expanding balance sheet, its average inflation targeting framework, and more.

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Transcript for the episode can be found here.

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Robert\u2019s Twitter: @RobSKaplan

Robert\u2019s Dallas Fed profile: https://www.dallasfed.org/en/fed/bios/kaplan.aspx

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David\u2019s blog: macromarketmusings.blogspot.com

David\u2019s Twitter: @DavidBeckworth