Birdwatching at the Federal Reserve

Read my Oxford University Press blog post on the changing membership of the Federal Reserve’s policy-making body, the Federal Open Market Committee, and the consequences for US interest rates.

Ultra-low interest rates

Read my latest Oxford University Press blog post on ultra-low rates.  The post is based on a presentation I will make at the SUERF/OeNB/BWG Conference on  “Asset-liability management with ultra-low interest rates,” at the Austrian National Bank in Vienna on March 11, 2015.