Youre watching but unaware. Oh oh so you see what happened there max tuned in to the last episode his hands are in my shot but he tuned into the last episode and what he found was an explanation for why all his big question were missing at. Oh my god why did you do it to me so you know we have another Christmas Present over christmas and that was from donald trump and many people particularly in the markets anyway equity markets and the dow jones and the s. And p. Five hundred they had a very good christmas because techs phoria sparks stock buying panic dow does something it has never ever done before the dow closed at its seventieth record high of the year it has never done that before in its one hundred plus history just so you can see that number down months versus the number of months see down months or in red this is going back to zero about nineteen eighty eight and green is up months donald trump is the only one has had never ending months in the dow jones while hes been in this
And imax kaiser this is the kaiser report the show that seeks to educate inform mesmerize still your crypto walls while your not watchin. While youre watching but unaware. Oh oh so you see what happened there max tuned in to the last episode his hands are in my shot but he tuned into the last episode and what he found was an explanation for why all his big question were missing at. Oh my god why did you do it to me so you know we have another Christmas Present over christmas and that was from donald trump and many people particularly in the markets anyway equity markets and the dow jones and the s. And p. Five hundred they had a very good christmas because techs phoria sparks stock buying panic dow does something it has never ever done before the dow closed at its seventieth record high of the year it has never done that before in its one hundred plus history just so you can see that number down months versus the number of months see down months or in red this is going back to zero abo
From the Hutchins Center somewhere it was canceled he cannot be with us today but he is probably watching on his phone or weighing in on everything i did wrong. But we think the question that the backward looking question our thinking about is how did that policy work . And could be considered conventional policy but one of the questions is given everything that we know that is the right one. Nobody anticipated we would have so many years or no did we think the long one longrun equilibrium the members said they expect to be at 3 that means theres not a lot of room below zero. So when we first conceived of this event may felt this was a discussion that was important because if you Start Talking about this you froze the market so you dont talk about it in public. So we were wrong that fomc members are afraid to talk about it and the number regional on Regional Fed Bank president s including janet yellen herself but it cannot be left to the policymakers are those who make Monetary Policy
Everything i did wrong. But we think the question that the backward looking question our thinking about is how did that policy work . And could be considered conventional policy but one of the questions is given everything that we know that is the right one. Nobody anticipated we would have so many years or no did we think the long one longrun equilibrium the members said they expect to be at 3 that means theres not a lot of room below zero. So when we first conceived of this event may felt this was a discussion that was important because if you Start Talking about this you froze the market so you dont talk about it in public. So we were wrong that fomc members are afraid to talk about it and the number regional on Regional Fed Bank president s including janet yellen herself but it cannot be left to the policymakers are those who make Monetary Policy because it is too important of a decision to have a broader array of people to explain the issues are with the choices are in the pros an
Are needed. Its 2 15. Good afternoon and welcome. Im david wessell, director of the brookings. Thank you for coming and people joining us online. I bring greetings from glen hutchens, the benefactor of the hutchens center, whose chartered plane was canceled so he cant be here today. Hes probably watchology his phone and will undoubtedly be weighing in on everything i did wrong in the first opening segment. When we think that question of rethinking the 2 inflation target is one of the most important questions facing Monetary Policymakers at the moment, you might say that the backwardslooking question we need to think about, which we at hutch. Scenter are thinking about, is how did unconventional policy really work . And should unconventional policy really be considered conventional policy . But we look forward, i think one of the youd have to argue one of the biggest questions now is whether, given everything we know, whether a 2 inflation target framework is the right one for Monetary