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Pedro Malan

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Pedro Malan, a former Brazilian Finance Minister and Governor of the Central Bank of Brazil, is a member of the Steering Committee of the Emerging Markets Symposium at Green Templeton College, Oxford, and Chairman of the International Advisory Board of Itau Unibanco of Brazil.

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  1. op_cochrane1_ Mark WilsonGetty Images_fed reserve Mark WilsonGetty Images
    Subscriber Exclusive

    Inflation in the Shadow of Debt

    John H. Cochrane

    History has shown that it is much easier to stay ahead of inflation than it is to play catch-up. By ignoring this basic truth, US policymakers are both missing a big opportunity and inviting economic disaster.

    questions whether the US Federal Reserve could carry out a successful monetary stabilization if needed.
    10

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