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The Risky, Rocky Ride of Today’s Economy . . . and the Central Bankers Who Keep Watch

Published by USC Bedrosian Center on

by Anthony Orlando

Just when you thought the economy was the only good news you could count on, the stock market took a dive on the heels of Janet Yellen’s exit from the Federal Reserve. Suddenly, Americans everywhere wondered whether the volatility and uncertainty in Washington had finally caught up with the long, steady recovery stretching from those dark days in 2009. Should we be worried? Who’s looking out for the economy? And do they have a plan for the risks that await us in 2018 and beyond?

In this episode, USC Price School Dean Jack H. Knott interviews Atlanta Fed President Raphael W. Bostic on the state of the economy and the forces that keep it humming along.

Dean Knott is the Dean and the C. Erwin and Ione L. Piper Chair and Professor of the Sol Price School of Public Policy at the University of Southern California.

Dr. Bostic is the 15th President and Chief Executive Officer of the Federal Reserve Bank of Atlanta. He currently serves on the Federal Reserve’s chief monetary policy body, the Federal Open Market Committee. He previously served as the Chair of the Department of Governance, Management, and Policy Process at the USC Price School.

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Related Reading

“Economic Prospects, Policy, and Potential” by Raphael W. Bostic
“Atlanta Fed President Calls for ‘Slow’ Tightening in Dovish Speech” by Steve Matthews
“WSJ Interview with Federal Reserve Bank of Atlanta President Raphael Bostic” by Eric Morath
“Fed’s Bostic, in First Speech, Says He’s Skeptical of Common Excuses for Low Inflation” by Greg Robb
“Great Recession So Deep That People Don’t Trust Long-Term Investments, Atlanta Fed President Says” by Berkeley Lovelace




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