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Curated by Project Syndicate

The Fed's Next Head

15 commentaries

US Federal Reserve Chairman Ben Bernanke's aggressive response to the 2008 financial crisis has been both praised and scorned. As Bernanke's term nears its end and the race to succeed him heats up, Project Syndicate's experts consider the future of Fed policy – and what it means for the global recovery.

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  1. Fischer, the Fed, and US Growth

    Fischer, the Fed, and US Growth

    Dec 23, 2013 Jeffrey Frankel endorses the recent selection of Stanley Fischer to succeed Janet Yellin as Vice Chair of the Federal Reserve Board.

  2. The Fed’s Surprise and Yellen’s Challenge
    pa217c.jpg Paul Lachine

    The Fed’s Surprise and Yellen’s Challenge

    Oct 10, 2013 Mohamed A. El-Erian on the Federal Reserve's declining effectiveness.

  3. Whose Central Bank?
    pa4129c.jpg Paul Lachine

    Whose Central Bank?

    Aug 31, 2013 J. Bradford DeLong thinks the Fed should be a steward of the economy, not of big banks.

  4. US Interest Rates Will Continue to Rise
    ve1665c.jpg Chris Van Es

    US Interest Rates Will Continue to Rise

    Aug 28, 2013 Martin Feldstein on the sources of upward pressure on us interest rates.

  5. The Greenspan Temptation
    pa3989c.jpg Paul Lachine

    The Greenspan Temptation

    Aug 27, 2013 Simon Johnson on the power of the Chairman of the Federal Reserve.

  6. The Changing of the Monetary Guard
    dr4573c.jpg Dean Rohrer

    The Changing of the Monetary Guard

    Aug 5, 2013 Joseph E. Stiglitz endorses Janet Yellen to head the US Federal Reserve.

  1. bremmer35_ANDREW CABALLERO-REYNOLDSAFP via Getty Images_biden zelensky ANDREW CABALLERO-REYNOLDS/AFP via Getty Images

    Ukraine Needs Security Guarantees

    Ana Palacio views NATO as the only institution that can credibly safeguard the country’s sovereignty in the long term.
  2. bremmer35_getty images_ai governance Getty Images

    AI Is a Rare Bright Spot for Global Governance

    Ian Bremmer & Marietje Schaake

    A new Global Digital Compact rests on the insight that while AI can be a game-changing technology, managing its far-reaching potential requires a new global infrastructure and robust mechanisms to manage the risks. At a time when multilateralism is faltering, global cooperation remains possible.

    herald a new global compact that aims to manage the technology’s risks and unlock its potential.
  3. Renminbi bank notes Si Wei/Xinhua via ZUMA Wire

    What US Interest-Rate Cuts Mean for China

    Andrew Sheng & Xiao Geng point out that the Federal Reserve’s monetary easing gives Chinese policymakers room to fight deflation.
  4. dahn1_Mark WilsonGetty Images_USfederalreserve Mark Wilson/Getty Images

    Enjoy the Soft Landing

    J. Bradford DeLong marvels at the continued strength of the US economy following rapid monetary-policy tightening.
  5. gros190_ANDER GILLENEAAFP via Getty Images_solar panels ANDER GILLENEA/AFP via Getty Images

    Policymakers’ Green-Tech Fantasy

    Daniel Gros refutes the widespread belief that renewables-related industries could form the foundation of a major economy.
  6. stiglitz331_serggnGetty Images_techregulation serggn/Getty Images

    Marietje Schaake on our tech overlords, antitrust, data protection, and more

    Marietje Schaake warns that Big Tech’s outsize influence threatens democracy, suggests what Western leaders can learn from Chinese technology governance, urges governments to use public procurement to influence the trajectory of digital technology, and more.
  7. fischer211_MAHMUD HAMSAFP via Getty Images_israel MAHMUD HAMS/AFP via Getty Images

    Capitalizing on the Weakening of Hamas and Hezbollah

    Dennis Ross

    The massive losses suffered by Hezbollah and Hamas – and the weakening of Iran’s so-called “axis of resistance” – needs to be seen in strategic terms. Put simply, it creates an opening to transform for the better not just Gaza and Lebanon but also much of the region.

    thinks Israel’s decimation of Iran’s proxies in Gaza and Lebanon must be viewed in strategic terms.
  8. buruma218_ JACK GUEZAFP via Getty Images_crisis israel JACK GUEZ/AFP via Getty Images

    Warrior Nations of the Middle East

    Ian Buruma shows how shame and humiliation have shaped national identities that countenance further killing.
  9. haass167_ANATOLII STEPANOVAFP via Getty Images_ukrainesoldiers Anatolii Stepanov/AFP via Getty Images

    What Would Victory in Ukraine Look Like?

    Joseph S. Nye, Jr. considers what kind of peace settlement Ukraine might be able to accept in the near term.

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