Sam Schulhofer-Wohl on Reforms in the Treasury Market and Developments with Central Bank Operating Systems

萨姆·舒尔霍弗-沃尔关于国债市场改革及央行操作系统的发展

Macro Musings with David Beckworth

2025-06-23

50 分钟
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单集简介 ...

Sam Schulhofer-Wohl is a senior vice president and the senior advisor to President Lorie Logan of the Federal Reserve Bank of Dallas. Sam returns to the show to discuss recent macroeconomic conferences in the context of changes in the Treasury market and with central bank operating systems around the globe. Check out the transcript for this week’s episode, now with links. Recorded on May 27th, 2025 Subscribe to David's Substack: Macroeconomic Policy Nexus Follow David Beckworth on X: @DavidBeckworth Follow the show on X: @Macro_Musings Check out our Macro Musings merch! Subscribe to David's new BTS YouTube Channel  Timestamps 00:00:00 - Bumper 00:00:20 - Intro 00:01:19 - Monetary Policy Conferences 00:03:15 - Role of Nonbank Institutions in the Treasury and Money Markets 00:07:48 - Central Clearing 00:33:19 - Operating Systems in Central Banks 00:49:52 - Outro
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单集文稿 ...

  • Hey, Macromusing listeners, this is your host, David Beckwith,

  • and I wanted to let you know that this podcast with Sam Schulhofer-Wall of the Dallas Fed was recorded on May 27,

  • almost a month ago, and due to scheduling issues and the FOMC blackout period,

  • it is only being released now.

  • Okay, now on to the show.

  • Welcome to Macro Musings,

  • where each week we pull back the curtain and take a closer look at the most important macroeconomic issues of the past,

  • present, and future.

  • I am your host, David Beckwith,

  • a Senior Research Fellow with the Mercatus Center at George Mason University,

  • and I'm glad you decided to join us.

  • Our guest today is Sam Schulhofer-Wall.

  • Sam is a Senior Vice President and the Senior Advisor to President Lori Logan of the Federal Reserve Bank of Dallas.

  • Sam is a longtime veteran of the Federal Reserve System,

  • serving previously at the Minneapolis Fed and the Chicago Fed Banks.

  • Sam joins us today to discuss first, the ongoing reforms in the Treasury market,

  • and second, developments in central bank operating systems.

  • Sam, welcome back to the program.

  • Thanks, David, for the opportunity to be on with you.

  • And it's great to be back on Macro Musings.