About
Articles by William
-
The Lockdown-Induced Recession will be Deeper and Longer Because Of Piecemeal Reopening Strategies
The Lockdown-Induced Recession will be Deeper and Longer Because Of Piecemeal Reopening Strategies
By William Lee
-
Virus Suppression Policies Induce Global Recession While U.S. Politics Stalls Fiscal Stimulus As Fed Extends Market Support
Virus Suppression Policies Induce Global Recession While U.S. Politics Stalls Fiscal Stimulus As Fed Extends Market Support
By William Lee
-
Policies for Managing COVID-19 as Fear Crushes Markets
Policies for Managing COVID-19 as Fear Crushes Markets
By William Lee
Activity
-
This CNBC Power Lunch mock Fed interview explains why Milken Institute Chief Economist William Lee would leave interest rates on hold: The downside…
This CNBC Power Lunch mock Fed interview explains why Milken Institute Chief Economist William Lee would leave interest rates on hold: The downside…
Shared by William Lee
-
Spoke with CGTN America's Elaine Reyes about what contributed to the rapid Q2 GDP growth rebound, signs of #consumer #slowdown, #inflation easing…
Spoke with CGTN America's Elaine Reyes about what contributed to the rapid Q2 GDP growth rebound, signs of #consumer #slowdown, #inflation easing…
Shared by William Lee
-
Milken Institute Chief Economist William Lee notes that the Fed is closing in on a decision to lower rates. He discusses the potential impact the…
Milken Institute Chief Economist William Lee notes that the Fed is closing in on a decision to lower rates. He discusses the potential impact the…
Shared by William Lee
Experience & Education
Publications
-
Currency Wars: The Great Central Bank Battle
Bloomberg TV
Bloomberg TV interview (February 11, 2016) on currency wars: http://www.bloomberg.com/news/videos/2016-02-11/currency-wars-the-great-central-bank-battle
-
Policy Uncertainty Stalls Global Investment
Citi Global Perspectives and Solutions
The narrow-based and still-tepid expansion in Advanced Economies continues to raise fears of secular stagnation. Investment (as a percent of GDP) trails the pace seen prior to the Great-Recession despite “once-in-a-generation” low levels for global interest rates. Without stronger investment to spur a broad-based sustainable recovery, the likelihood of raising productivity to support higher wages and incomes diminishes, as do hopes for more robust long-term growth. In response, economic policy…
The narrow-based and still-tepid expansion in Advanced Economies continues to raise fears of secular stagnation. Investment (as a percent of GDP) trails the pace seen prior to the Great-Recession despite “once-in-a-generation” low levels for global interest rates. Without stronger investment to spur a broad-based sustainable recovery, the likelihood of raising productivity to support higher wages and incomes diminishes, as do hopes for more robust long-term growth. In response, economic policy makers have geared up with new approaches and policy tools. Unfortunately “no good deed goes unpunished,” as the unintended consequences of recent policy actions may have inadvertently worsened investment prospects. Substantial empirical evidence suggests that investment has been weakened by policy-induced uncertainty stemming from the dizzying array of monetary, fiscal, and regulatory policy measures implemented since the crisis.
-
Some Guidance on Forward Guidance
Citi Global Perspectives and Solutions
Following the Great Recession of 2008, central banks continue to face the daunting challenge of strengthening economic growth and employment without their traditional policy tools. With short-term interest rates in the major advanced economies hugging the zero lower bound (ZLB), and most banks still reluctant to lend, the main channels of monetary policy remain largely inoperative. Consequently, the Federal Reserve, European Central Bank (ECB), the Bank of England (BoE), the Bank of Japan (BoJ)…
Following the Great Recession of 2008, central banks continue to face the daunting challenge of strengthening economic growth and employment without their traditional policy tools. With short-term interest rates in the major advanced economies hugging the zero lower bound (ZLB), and most banks still reluctant to lend, the main channels of monetary policy remain largely inoperative. Consequently, the Federal Reserve, European Central Bank (ECB), the Bank of England (BoE), the Bank of Japan (BoJ) and other central banks have resorted to unconventional and largely untested monetary instruments and strategies. The open question facing policymakers, global investors and the public concerns the efficacy of these new tools (whether and how they work) and the implications of their prolonged use for achieving their policy goals for growth, price stability, and financial stability — the new triad of policy objectives for major central banks.
Recommendations received
2 people have recommended William
Join now to viewMore activity by William
-
July 14, 8am US ET: There are many kinds of markets negative implications from Saturday night's Trump assassination attempt, from geopolitical risk…
July 14, 8am US ET: There are many kinds of markets negative implications from Saturday night's Trump assassination attempt, from geopolitical risk…
Liked by William Lee
-
July 15, 5am US ET: Post-Trump shooting, the Trump trade sentiment and prediction markets versus the political reality of the POTUS race; why it's…
July 15, 5am US ET: Post-Trump shooting, the Trump trade sentiment and prediction markets versus the political reality of the POTUS race; why it's…
Liked by William Lee
-
We are pleased to announce that on June 18th, Jakob Wilhelmus, Director of Thematic Research at PGIM, will lead a roundtable discussion at ALSTNY…
We are pleased to announce that on June 18th, Jakob Wilhelmus, Director of Thematic Research at PGIM, will lead a roundtable discussion at ALSTNY…
Liked by William Lee
-
June 27, 1130pm US ET: Four takeaways from tonight’s POTUS debate: 1. Tonight’s debate was a draw, as both candidates largely played for a tie…
June 27, 1130pm US ET: Four takeaways from tonight’s POTUS debate: 1. Tonight’s debate was a draw, as both candidates largely played for a tie…
Liked by William Lee
-
June 16: The US economy so far has avoided geopolitical headwinds and election-related shocks like those in France/EU, Mexico, South Africa, and…
June 16: The US economy so far has avoided geopolitical headwinds and election-related shocks like those in France/EU, Mexico, South Africa, and…
Liked by William Lee
-
It takes 3 to 5 data points to establish a convincing trend, so it will be unlikely the @federalreserve will cut #interestrates until year-end, even…
It takes 3 to 5 data points to establish a convincing trend, so it will be unlikely the @federalreserve will cut #interestrates until year-end, even…
Shared by William Lee
-
Always insightful discussions with @OJRenick on @SchwabNetwork. Remember, ONE DATA POINT IS NOT ENOUGH to prompt an early #FOMC rate cut. Caution…
Always insightful discussions with @OJRenick on @SchwabNetwork. Remember, ONE DATA POINT IS NOT ENOUGH to prompt an early #FOMC rate cut. Caution…
Shared by William Lee
-
Just say "no" to big public subsidies for stadiums and other sports facilities: https://lnkd.in/guEuqVyn
Just say "no" to big public subsidies for stadiums and other sports facilities: https://lnkd.in/guEuqVyn
Liked by William Lee
-
Great to be on with @NPallides of the @SchwabNetwork's #Trading360 show to discuss the #FederalReserve's inaction with still-high #inflation. Nothing…
Great to be on with @NPallides of the @SchwabNetwork's #Trading360 show to discuss the #FederalReserve's inaction with still-high #inflation. Nothing…
Shared by William Lee
-
Yes, the day is almost here. Lisa and Amy Baum are flying out this weekend for the ceremony. Happy and relieved to have reached this milestone along…
Yes, the day is almost here. Lisa and Amy Baum are flying out this weekend for the ceremony. Happy and relieved to have reached this milestone along…
Liked by William Lee
-
CGTN America's Sean Callebs talks to William Lee, the Milken Institute's Chief Economist, about what Republic First Bank's #failure means for the…
CGTN America's Sean Callebs talks to William Lee, the Milken Institute's Chief Economist, about what Republic First Bank's #failure means for the…
Shared by William Lee
-
CNBC Interview, in which William Lee, Chief Economist at the Milken Institute, shared his insights on the upcoming Federal Reserve meeting. According…
CNBC Interview, in which William Lee, Chief Economist at the Milken Institute, shared his insights on the upcoming Federal Reserve meeting. According…
Shared by William Lee
Other similar profiles
-
Kevin Klowden
Connect -
Melissa Stevens
Connect -
Tom Keene
Connect -
Jorge Chan-Lau
Principal Economist, MacroFinancial Research Unit
Connect -
Abdiel Santiago
Connect -
Olivia White Palomo
Business and Program Development, Milken Institute
Connect -
Caitlin MacLean
Sustainable investing, ESG, global development Senior Director, Innovative Finance
Connect -
Nicoly Costa
Engagements & Partnerships | Think Tank | Milken Institute
Connect -
Maggie Switek
Connect -
Einar Tangen
Connect
Explore collaborative articles
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
Explore MoreOthers named William Lee in United States
-
William Lee
-
William Lee
Computer Science & Music @ UC Berkeley
-
William Lee
Partner @ ABRUPTc
-
William Lee
3535 others named William Lee in United States are on LinkedIn
See others named William Lee