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May 24 –The Fed in the Cross Hairs: Competing Views of the U.S. Central Bank

The Federal Reserve, responding to rising inflation, has recently pivoted from ultra-accommodative monetary policy. In the new book, The Lords of Easy Money, business journalist Christopher Leonard argues the Fed’s reliance on quantitative easing over the last 12 years “broke” the American economy by widening the wealth gap and making the financial system more prone to asset bubbles.

The New York Financial Writers' Association will host a discussion with Leonard and Wharton professor Peter Conti-Brown, who will offer a countering perspective on the Fed.

Christopher Leonard is a business reporter and the New York Times bestselling author of The Meat Racket and Kochland, which won the J. Anthony Lukas Work-in-Progress Award. He is also Executive Director of the Watchdog Writers Group at the Missouri School of Journalism at the University of Missouri.

Peter Conti-Brown is a professor at the Wharton School of the University of Pennsylvania and a nonresident fellow at the Brookings Institution, focusing on financial regulation and the history and policies of the Federal Reserve. He is author of the book The Power and Independence of the Federal Reserve.

John Biers, a board member of the NYFWA and a business correspondent for Agence France-Presse in the New York bureau, will moderate. Previously, he reported for Dow Jones/Wall Street Journal and the New Orleans Times-Picayune. 

When: Tuesday, May 24 at 7:30 pm, 

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