What Can Central Banks Do To Manage the Next Financial Crisis?

Featuring Ben S. Bernanke (Brookings Institution)
December 14, 2017

Former Fed chairman Ben Bernanke discusses unconventional monetary policies and proposes a new framework for how central banks should manage severe recessions. He also argues for central bank independence to maintain long-term stability and forward-looking credibility. This video is part of PIIE's "Rethinking Macro" video series, recorded at the "Rethinking Macroeconomic Policy Conference" held at PIIE on October 12–13, 2017.