Allan Meltzer

Allan Meltzer News

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  Bernanke Returns to Academic Roots to Defend Fed’s Existence

  Federal Reserve Chairman Ben S. Bernanke returned to his roots as a university professor today, seeking to explain and justify the existence of the central bank ahead of the 100th anniversary of its founding next year.

• Italy’s Golden Shares, Tocom Alliance, Housing in Sanya, China: Compliance

  Prime Minister Mario Monti’s government scrapped some of its special takeover defenses in former state-owned companies, seeking to end a dispute with the European Commission over Italy’s so-called golden share.

• Meltzer Says Fed Is Looking at Wrong Measures on Inflation

  The Federal Reserve is wrong to focus on low measures of consumer-price inflation because such indexes are distorted by the method used to calculate rents, said Allan Meltzer , a historian of the central bank.

• Further Fed Easing Could Alarm `Bond Market Hawks,' Historian Meltzer Says

  The Federal Reserve’s efforts to boost the economy by expanding its balance sheet probably won’t succeed while increasing the chances of higher long-term inflation, said Allan Meltzer , a historian of the central bank.

• Meltzer, O’Sullivan Say Dissents Highlight Divisions on FOMC

  Fed historian Allan Meltzer, a professor at Carnegie Mellon University, and James O’Sullivan, chief economist for MF Global Inc. in New York, said dissents by three Federal Reserve policy makers at today’s meeting in Washington highlight divisions among policy makers. They spoke after the majority on the Federal Open Market Committee voted to keep the benchmark interest rate at a record low at least through mid-2013.

• Economy Faces Growing Inflation Risk, Reinhart and Meltzer Say: Tom Keene

  A pickup in inflation is a growing threat to the U.S. economy and poses new challenges to Federal Reserve policy makers, said economists Vincent Reinhart and Allan Meltzer .

• Further Easing by Fed Would Be `Stupid,' Carnegie Mellon's Meltzer Says

  The Federal Reserve is too focused on short-term results and may be considering the pursuit of flawed policies, said Allan Meltzer , a historian of the U.S. central bank.

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  Europe Crisis Rescue Begins With MIT Men as a Matter of Trust

  As financial turmoil in Europe threatened to overwhelm the region’s banks last November, Bank of England Governor Mervyn King arranged conference calls with the world’s top central bankers to decide what steps to take.

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  Bernanke Invokes Friedman's Inflation-Fighting Legacy to Defend Stimulus

  Federal Reserve Chairman Ben S. Bernanke invoked the inflation-fighting legacy of the late Nobel laureate economist Milton Friedman and, for the third time in as many days, defended the Fed’s expansion of record stimulus.

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  Fed Employees Serve Treasury Deepening Ties Forged in Crisis

  The Federal Reserve Bank of New York employees who analyze American International Group Inc.’s finances report to work each day at the New York Fed even though their supervisors are at the Treasury Department in Washington.

Allan Meltzer Photos

Quote

• "You've got a problem, you have to do something about it. That is a message which they learned at MIT."

  - Allan Meltzer on Jan 12, 2012

Related Topics

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  Carnegie Mellon University

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  Federal Reserve

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  Washington

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  Ben S. Bernanke

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