Narayana Kocherlakota

Apr 7, 2020
Amid what promises to be one of the deepest economic downturns ever, the largest U.S. financial institutions are planning to keep paying dividends , a practice that depletes the loss-absorbing capital they will need to get through the crisis.

Apr 3, 2020
People have ceased work to save lives. The government should reward them

Mar 30, 2020
Companies need the same kind of limits on leverage and risk put on banks after 2008-09.

Mar 23, 2020
By extending credit to nonfinancial companies, the central bank sacrifices its independence to do the White House’s bidding.

Mar 20, 2020
Many forecasters are predicting that there will be a strong economic recovery in the second half of this year after the worst of the coronavirus outbreak has passed.

Mar 17, 2020
President Donald Trump's administration proposed $1.2 trillion plan to counter the economic crunch brought on by the coronavirus. It is a step in the right direction. But we need a much bigger and much better targeted fiscal stimulus.

Mar 4, 2020
On Tuesday, following the advice of many outside commentators (including me), the Federal Reserve responded to the turmoil and risks caused by the coronavirus by cutting interest rates in a highly unusual intermeeting move. That's a good start, but the Fed must do more. And...

Feb 27, 2020
The central bank is failing to act in the face of a threat to world growth, and for no good reason.

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