Adam Posen
MPC’s Posen queries symmetry of inflation targets
Newest member of Bank of England’s Monetary Policy Committee cites dangers in undershooting target and questions “mechanistic” monetarist view on quantitative easing
Europe's banking fragility needs urgent attention
Europe's banks are so fragile that measures must be implemented within the next 12 months, a paper by Adam Posen and Nicolas Veron, two economists at the Peterson Institute for International Economics, posits.
Posen to join Bank's MPC
Adam Posen, a deputy director at the Peterson Institute, is to replace Tim Besley on the Bank of England's Monetary Policy Committee (MPC).
FDIC may run US bad bank
The Federal Deposit Insurance Corporation (FDIC), a key American regulator, could manage a bad bank that the Obama administration is likely to soon set up, say reports.
What Washington needs to do next: Ex-Fed's Posen
Adam Posen, a deputy director at the Peterson Institute, a research body, and a former economist at the New York Fed, tells CentralBanking.com why the US administration must be bold, coherent and forceful in dealing with the toxic assets which litter…
Plan must pass to stem panic: ex-Fed's Posen
The Treasury's plan to buy distressed assets was poorly presented to politicians and US taxpayers. But it will likely work and should be passed, says Adam Posen, a Peterson Institute deputy director
US stocks up on signs Congress will pass plan
US stock markets regained some ground on Tuesday on indications that lawmakers would pass the Treasury's plan to buy troubled assets later this week.
Fed slashes rates by 75 basis points
The Federal Open Market Committee (FOMC) on Tuesday lowered rates by 75 basis points to 3.5%, the biggest cut since autumn 1984.
Governors matter - new paper
This new working paper from the Peterson Institute for International Economics looks at whether or not monetary policy expectations are affected by the appointment of a new central bank governor.
Demonstrating the virtues of self-restraint
The UK economy and Bank have benefited from its narrow focus, says Adam Posen
Central banks and bubbles: Prevention or cure?
This article published Friday 15 December by Rediff News asks whether it's the Reserve Bank of India's job to go around pricking asset price bubbles.
Comment: Bernanke's ally
The nomination of Frederic Mishkin to fill one of the two vacant seats on the Fed's board of governors will bolster the chairman, Ben Bernanke, in his attempts to quantify the central bank's inflation objective and move towards a more rule-based monetary…
Comment: The Fed's 'asymmetric policy'
Donald Kohn said yesterday that the perception that the Fed responds asymmetrically to asset prices is "a misreading of history". Not only has the idea of a 'Greenspan put' been debunked by the experiences of the last five years, but it is also…