Discussed in this interview:03:13 Shadow banking system is oversized once again05:26 Fed's repos are similar to quantitative easing10:13 Liquidity seizure are extremely rare events12:06 Preventing contagion from overnight lending market16:08 Will the US follow the rest of the world into negative interest rates?18:14 Negative interest rates 'un-American'21:03 Signs of a coming recession23:05 Expectations for the October FOMC meeting
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Lufkin & Jenrette and Credit Suisse, where she worked fixed income and the public and private equity markets. Danielle earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.