Preview Mode Links will not work in preview mode

Hosted by David Beckworth of the Mercatus Center, Macro Musings is a podcast which pulls back the curtain on the important macroeconomic issues of the past, present, and future.

Mar 17, 2025

Sign up for David's Substack: Macroeconomic Policy Nexus

Athanasios Orphanides is a professor at MIT, formerly served at the Federal Reverse for 15 years, and was the Governor of the Central Bank of Cyprus. In Athanasios’s first appearance of show he discussed real-time monetary policy rules, their implication on the Fed’s framework review, his natural growth target, and much more.

Check out the transcript for this week’s episode, now with links.

Recorded on February 18th, 2025

Follow David Beckworth on X: @DavidBeckworth

Follow the show on X: @Macro_Musings

Check out our new AI chatbot: the Macro Musebot!

Join the new Macro Musings Discord server!

Join the Macro Musings mailing list!

Check out our Macro Musings merch!

Subscribe to David's new BTS YouTube Channel 

Timestamps:

(00:00:00) – Substack Announcement

(00:00:49) – Intro

(00:02:24) – Athanasios’ Career Journey

(00:06:08) – Real-Time Policy Rules

(00:23:36) – Potential Drawbacks of Monetary Rules

(00:28:46) – Natural Growth Targeting Rule

(00:37:31) – Federal Reserve’s Framework Review

(00:57:02) – Outro