Agenda - Friday May 9, 2025
Breakfast
Welcome and Introductory Remarks
Welcome by Michael Bordo and John Cochrane, Hoover Institution
Introductory Remarks by Condoleezza Rice, Director, Hoover Institution
John Taylor and Taylor Rules in Policy
Presenters: John Williams, President, Federal Reserve Bank of New York (video)
Agustín Carstens, Bank for International Settlements (video)
Christopher Waller, Board of Governors of the Federal Reserve System
Loretta Mester, University of Pennsylvania, formerly Federal Reserve Bank of Cleveland
Charles Plosser, Hoover Institution, formerly Federal Reserve Bank of Philadelphia
Kevin Warsh, Hoover Institution, formerly Board of Governors of the Federal Reserve System
Moderator: Volker Wieland, Goethe University, Frankfurt
Digital Assets, Payment Systems, Financial Regulation
Presenters: Darrell Duffie, Graduate School of Business, Stanford University
Luis Garicano, London School of Economics
Charles Calomiris, Columbia University
Lawrence Summers, Harvard University
Moderator: Arvind Krishnamurthy, Stanford University
Break
Finishing the Job, Risks Ahead
Presenters: Jason Furman, Harvard University
Peter Ireland, Boston College
Kristin Forbes, Massachusetts Institute of Technology
James Bullard, Purdue University, formerly Federal Reserve Bank of St. Louis
Moderator: Mickey Levy, Hoover Institution
Lunch Talk: The Growing Role of Private Credit
Presenters: Torsten Slok, Apollo Global Management
Break
Global and Strategic Issues: Implications for Monetary and Fiscal Policy
Presenters: H.R. McMaster, Hoover Institution
Matteo Maggiori, Stanford University
Christopher Meissner, University of California, Davis
Harold James, Princeton University
Moderator: Ross Levine, Hoover Institution
Fiscal/Debt Sustainability Issues and Implication for Monetary Policy
Presenters: Alan Auerbach, University of California, Berkeley
Michael Boskin, Hoover Institution, Stanford University
Hanno Lustig, Graduate School of Business, Stanford University
John Cochrane, Hoover Institution
Moderator: John Cogan, Hoover Institution
Break
Policy Panel
Presenters: Isabel Schnabel, European Central Bank
Alberto Musalem, Federal Reserve Bank of St. Louis
Beth Hammack, Federal Reserve Bank of Cleveland
Lisa Cook, Board of Governors of the Federal Reserve System
Moderator: Peter Henry, Hoover Institution
Reception
Dinner Talk: The Long History of the Price Stability Objective
Introduction: Michael Bordo, Hoover Institution and Rutgers University
Presenter: François Velde, Federal Reserve Bank of Chicago