Evan Kraft specializes in the economics of transition, monetary policy and banking issues. He served as Director of the Research Department and Adviser to the Governor of the Croatian National Bank. His scholarly work includes studies of soft-budget constraints and their impacts in former Yugoslavia, macroeconomic stabilization in transition countries, banking efficiency, lending booms, deposit growth and financial stability, and monetary policy under dollarization.
Professor Kraft regularly posts contributions on The Hill. Catch up on his most recent and earlier blogs below.
“Economy weathers political storms in 2017, but tests lay ahead” (1/1/2018)
“Here’s to Janet Yellen, the steady hand the US economy needed” (11/25/2017)
“Trump turning Fed choice into ‘Central Bank Apprentice'” (10/28/2017)
“Decoding ‘Fedspeak’: Officials stumped by low wages, inflation” (10/13/2017)
“Little ado about much: Fed ready to move past Great Recession” (9/21/2017)
“After Charlottesville, Fed chair race wide open” (9/14/2017)
“On financial regulation, who will you believe, the criminals or the cops?” (9/2/2017)
“The dollar’s swoon: There’s smoke, but where’s the fire?” (8/10/2017)
“Tale of the tape: Who should head the Fed, Yellen or Cohn?” (7/28/2017)
“Yellen’s House testimony a ‘lovefest’ compared to past visits” (7/13/17)
“Unusually candid Fed chief recognizes trade’s dark side” (6/30/2017)
“Prodding productivity is pivotal to procuring prosperity” (6/16/2017)
“Hopefully, conservatives’ infrastructure ideas fall on deaf ears” (5/14/2017)
“For the Federal Reserve, to shrink or not shrink is the question” (4/14/2017)
“Latest trade data show shrinking deficit, but don’t be misled” (4/6/2017)
“Don’t be surprised to see the Fed give inflation some leeway” (3/27/2017)
“Currency stockpiles point to vulnerabilities of global economy” (3/11/2017)
“Stronger economy warrants interest rate hikes, but trouble may lay ahead” (3/3/2017)
“Yellen rightly defends Wall Street reform against House GOP criticism” (2/18/2017)
“‘Inflation dragon’ still slumbering, but could awaken soon” (2/1/2017)
“With import tax, we pay for the wall, not Mexico” (1/27/2017)
“Buyers beware: Inflation rising after several sluggish years” (1/18/2017)
“December jobs report shows economy at, or near, ‘full employment'” (1/9/2017)
“New minimum wage hikes help more people than they harm” (1/4/2017)
“After liftoff, Trump-Fed clash could be in the offing in 2017” (12/15/2016)