According to Prof. William B. English, when Silicon Valley Bank collapsed and sent ripples through the financial system, the Federal Reserve’s challenge of pursuing maximum employment and low inflation “got even harder.”
We asked Prof. William English, a former Fed official, to interpret the announcements at the Federal Open Market Committee’s monthly meeting last week.
Yale SOM’s William English, a former economist at the Federal Reserve, explains the role of COVID-19 in the spike in prices, considers how policymakers can respond, and confronts the sheer uncertainty of the times.
William English, a former Fed official who is now a professor in the practice of finance at Yale SOM, explains why the Fed shifted its approach to balancing inflation and employment, and what the change means for the economy.
Yale SOM’s William English explains how the Main Street Lending Program fits into the array of federal stimulus efforts and offers proposals for making it work better.
We asked William English, a professor in the practice of finance and a former economist at the Federal Reserve, how the deficit and the ballooning national debt affect the economy and the ability of Congress and the Fed to fight future recessions.
We asked William B. English, a Yale faculty member and former Fed official, about how the Fed should respond to recent ups and downs in the stock market.
Paul Tucker, a former deputy governor of the Bank of England, says that giving central bankers too much power can lead to dangerous unintended consequences.
We asked Prof. William B. English, who spent more than two decades as an economist at the Fed, to interpret new Fed chair Jerome Powell's first Open Market Committee meeting.