Joseph E. Gagnon, senior fellow since September 2009, was visiting associate director, Division of Monetary Affairs (2008–09) at the US Federal Reserve Board. Previously he served at the US Federal Reserve Board as associate director, Division of International Finance (1999–2008), and senior economist (1987–1990 and 1991–97). He has also served at the US Treasury Department (1994–95 and 1997–1999) and has taught at the Haas School of Business, University of California, Berkeley (1990–91). He is author of Flexible Exchange Rates for a Stable World Economy (2011) and The Global Outlook for Government Debt over the Next 25 years: Implications for the Economy and Public Policy (2011). He has published numerous articles in economics journals, including the Journal of International Economics, the Journal of Monetary Economics, the Review of International Economics, and the Journal of International Money and Finance, and has contributed to several edited volumes. He received a BA from Harvard University in 1981 and a PhD in economics from Stanford University in 1987.
NPR's Planet Money Why Inflation Is So Low Audio with transcript | May 15, 2014 Joseph E. Gagnon discusses why inflation in the United States has stayed so low despite the US Federal Reserve adding trillions of dollars into circulation.
NHK World Insights into the Fed Video | September 17, 2013 Joseph E. Gagnon discusses the upcoming Federal Open Market Committee meeting and how the option of tapering quantitative easing is impacting emerging market economies.
CCTV Bernanke to Start Congressional Testimony Video | February 26, 2013 Joseph E. Gagnon defends the Federal Reserve's quantitative easing (QE) efforts, noting that without QE2 and QE3 economic recovery in the United States would be even weaker, and prospects for growth would be worse.
Bloomberg TV Peterson Institute's Gagnon on Sandy, Fed, Economy Video | October 31, 2012 Joseph E. Gagnon does not expect Hurricane Sandy to have much impact on Federal Reserve policy or the US economy. Gagnon also responds to the Minneapolis Federal Reserve president's statement that monetary policy is currently "too tight."
Bloomberg TV Gagnon, Litan Analyze Mitt Romney's Tax Plan Video | October 16, 2012 Joseph E. Gagnon and Robert Litan, director of research for Bloomberg Government, evaluate Mitt Romney's tax plan and whether tax cuts truly pay for themselves.
NPR's On Point A Global Recession? Audio with transcript | October 10, 2012 Following the International Monetary Fund's warning that the risk of a new global slowdown is alarmingly high, Joseph E. Gagnon and Simon Johnson join On Point host Tom Ashbrook to discuss ways to avoid a new global recession.
C-SPAN | Washington Journal Federal Reserve Report on American Wealth Video with transcript | June 15, 2012 Joseph E. Gagnon discusses the recent Federal Reserve report that found the median net worth for US households declined 39 percent between 2007 and 2010.
NPR | Morning Edition Despite Low Rates, Investors Rely on Treasuries Audio | June 8, 2012 Joseph E. Gagnon joins NPR's Jim Zarroli to discuss why cash-rich corporations have become risk-averse investors, opting for the security of Treasury bills and bonds despite the low interest rates.
The Roosevelt Institute What Constrains the Federal Reserve? Interview | June 4, 2012 Joseph E. Gagnon explains the tools the Federal Reserve has to bring about a stronger economic recovery, and the constraints it faces in trying to do so.
C-SPAN Washington Journal Debt Ceiling Video with transcript | May 16, 2011 Joseph E. Gagnon and Veronique de Rugy, George Mason University, talked about the nation's $14.3 trillion debt ceiling, which has now been reached. The hour-long program, with call-in questions, covered the fiscal and economic implications of reaching the debt ceiling; how this situation could affect the finances of the American public; how other countries deal with their debt and debt limits; and how this situation could affect US economic standing in the world.
Wall Street Journal Experts Shine Light on World’s Currencies Video | February 23, 2011 The Wall Street Journal's David Wessel interviews Edwin M. Truman, Joseph E. Gagnon, and Eswar Prasad about the major issues facing currencies and the global economy in this video.