Article
The Kohn Solution For An Uncertain Fed
The Kohn Solution For An Uncertain Fed
Via RealInvestmentAdvice.com,
Dario Perkins of TS Lombard wrote a piece titled “How to Respond to Oil Shocks.”
His analysis draws on the Fed’s history to address how it should respond to today’s oil shock.
While researching Fed transcripts from the 1990 Gulf War, he discovered a proposal by Don Kohn, senior Fed staffer, that offers a solution to the central bank’s oil shock problem: nominal GDP targeting.
Kohn’s logic is straightforward and makes sense in the current environment where the Fed is contemplating monetary policy as...
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Swalwell Denies Rape Allegations - Refuses to Drop Out Of Governor's Race Despite Democrat Exodus
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The latest:
• Eric Swalwell’s California governor campaign collapsed after sexual assault allegations.
• Former staffer alleged harassment plus two assaults while she was intoxicated.
• Four women total have accused Swalwell of sexual misconduct.
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