Explore a panel discussion on the current state and future of monetary policy, featuring experts from academia, finance, and economics. Delve into the remaining tools available to central banks, comparing international efforts to stimulate credit and their outcomes. Examine the impact of low productivity on monetary policy, the role of technology in economic decision-making, and the potential for central bank cooperation. Gain insights on supporting investment, addressing the inflation gap, and navigating the politics of monetary policy. Analyze the effectiveness of forward guidance, the debate between rules and frameworks, and the implications of near-zero interest rates. Consider the challenges of inadequate demand, capital investment, and the controversial topic of negative rates. Evaluate the Federal Reserve's role as a lender of last resort and its performance during recent economic crises. Conclude with a discussion on emerging topics such as digital currencies and their potential impact on monetary policy. Read more