Federal Reserve Global Plotting in Switzerland

John Williams

A little birdie tells me that Federal Reserve Bank of San Francisco President John Williams, who use to work directly under Fed chair Janet Yellen when she was president of the SF Fed, is in Zurich at a closed to press Swiss National Bank Research Conference.

He will speak on “What to Expect from the Lower Bound on Interest Rates: Evidence from Derivatives Prices.”

Glenn Rudebusch, Executive Vice President and Senior Policy Advisor at the SF Fed, is also attending and will be speaking on “A New Normal for Interest Rates? Evidence from Inflation-Indexed Debt” (LOL, they think low price inflation is the new normal)

-RW