Understanding the Federal Reserve, with Louise Sheiner

Sandra Day O'Connor Institute for American Democracy

Episode two of the three-part series "The Economy: Inflation, the Fed, and You."
Inflation in America is happening for the first time in forty years, and the Federal Reserve has committed to fighting it. What tools can and does the Fed use to battle inflation, and what are its other economic duties beyond keeping prices stable? Who at the Federal Reserve makes decisions, and how do they make them? Brookings Institution economist Louise Sheiner joins Liam Julian, director of Public Policy at the Sandra Day O'Connor Institute, for a discussion. Sheiner is the Robert S. Kerr Senior Fellow in Economic Studies and policy director for the Hutchins Center on Fiscal and Monetary Policy. She previously served as a senior economist in the Fiscal Analysis Section for the Research and Statistics Division with the Board of Governors of the Federal Reserve System.

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