Nick Timiraos
speaker
1,192 appearances
14 recordings
5 series
first heard Oct 2025
last heard 17 Sep
Nick Timiraos’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 14 in all, peaking in Jun 2026 with 4.
Appearances
fellow colleagues go back to a time when we didn't have to show all of our work and we didn't talk so much.
And so that's the example that Kevin Warsh is holding up.
Yes, you know, sort of just keep your options open.
Don't tie yourself down.
Don't feel like you have to do something because you said you were going to do it, even though the world looks different then.
And so I wanted to understand from Greenspan what that relationship is like with the president and with other elected officials who are pushing you for a certain policy.
And he said to me once, you know, in all the years that I was Fed chair, I had numerous requests from elected officials to change interest rates.
Do you know how many of those?
were to raise interest rates?
And the answer, of course, was not.
And he just made the observation that there's always going to be a bias on the part of elected officials for more stimulus, looser financial conditions today.
And it's the Fed's job to sit there and decide on the merits.
The first was in 1994.
The economy was coming out of recession and he concluded that he should launch a preemptive strike against inflation.
The Fed doubled their overnight benchmark interest rate in the span of 12 months in 94 and 95.
The Fed achieved a so-called soft landing where we did not have a downturn in 1996 and 1997.
He saw the productivity boom
that technology was enabling before it was really evident in the data.
And so he cautioned his colleagues against raising interest rates.
They held off.
Showing 801–820 of 1,192 · page 41 of 60
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