21st century monetary policy : the Federal Reserve from the great inflation to COVID-19
(Book)

Includes bibliographical references (pages 443-460) and index.

"Former Federal Reserve Chair Ben S. Bernanke helps readers understand how the Federal Reserve, the steward of U.S. monetary policy, got to where it is today, what it has learned from the diverse challenges it has faced, and how it may evolve in the future"--,Provided by publisher.

"In 21st Century Monetary Policy, Ben S. Bernanke--former chair of the Federal Reserve and one of the world's leading economists--explains the Fed's evolution and speculates on its future. Taking a fresh look at the bank's policymaking over the past seventy years, including his own time as chair, Bernanke shows how changes in the economy have driven the Fed's innovations. He also lays out new challenges confronting the Fed, including the return of inflation, cryptocurrencies, increased risks of financial instability, and threats to its independence." -- Inside front jacket flap.