Dr. Perryman explains the logic behind having banks keep their money instead of lending it out.
The Federal Reserve Bank has many ways to help the economy during the pandemic. Dr. Perryman describes what these are and how they are carried out.
The Federal Reserve left interest rates unchanged following its December meeting and signaled it would stay on hold for 2020.
Dr. Perryman says the Federal Reserve system has been engaged in an extensive study of the future of monetary policy and plans to issue a significant report next year.
Reading the tea leaves for hints as to where the Federal Reserve might be on further interest rate cuts is a must for economists, unless like Dr. Perryman, they read the Fed's minutes for meetings and have for years.
The Federal Reserve is now considering the potential impact of climate change on monetary policy. Dr. Perryman says the issue deserves some attention.