March 27, 2017

One More Question with Robert Kaplan

We asked Robert S. Kaplan, president and CEO of the Federal Reserve Bank of Dallas, why it's important for central banks around the world to maintain their independence. See what he said.

 

 

 


"I think it's very critical for the Central Bank of the United States to be independent. What do I mean by independent? I mean being able to make decisions that are independent of political considerations or political influence. A lot of the things that the Federal Reserve or central bank of a country has to do can be, controversial may not be popular, sometimes they have to be done in a very expedited way, and I think history's shown us one of the great strengths of this country is the ability of a central bank and central bankers to make judgments in difficult situations that they think are in the best interest of the country without regard to partisan political or other considerations, other than, again what is best for the country."

About

The Chicago Council on Global Affairs is an independent, nonpartisan organization that provides insight – and influences the public discourse – on critical global issues. We convene leading global voices and conduct independent research to bring clarity and offer solutions to challenges and opportunities across the globe. The Council is committed to engaging the public and raising global awareness of issues that transcend borders and transform how people, business, and governments engage the world.

The Chicago Council on Global Affairs is an independent, nonpartisan organization. All statements of fact and expressions of opinion in blog posts are the sole responsibility of the individual author(s) and do not necessarily reflect the views of the Council.

Archive


| By Laurence Ralph, Thomas Abt, Brian Hanson

Deep Dish: Police Reform Lessons from Around the World

Princeton University’s Laurence Ralph and the Council on Criminal Justice’s Thomas Abt join Deep Dish to explain why police brutality is not a uniquely American phenomenon and argue the strongest examples of successful police reform come from outside the United States.



| By Pavin Chachavalpongpun, Brian Hanson

Deep Dish: Thailand’s Youth Demand Democratic Reforms

Political scientist Pavin Chachavalpongpun joins Deep Dish to explain how social media makes these Thailand's pro-democracy protests different than past movements and why the United States should see Thailand as a foreign policy priority when negotiating a rising China.



| By Maha Yahya, Emile Hokayem, Brian Hanson

Deep Dish: Can Lebanon Overcome Corruption and Crisis?

Carnegie Middle East Center Director Maha Yahya and the International Institute for Strategic Studies’ Emile Hokayem join Deep Dish to examine the ongoing protest movement in Lebanon, Hezbollah’s role in the crisis, and how a system built on sectarian politics could be rebuilt.


| By Laura Rosenberger, Jacob Helberg, Brian Hanson

Deep Dish: Making Cyberspace Safe for Democracy

The Alliance for Security Democracy’s Laura Rosenberger and Stanford University’s Jacob Helberg join Deep Dish to discuss digital interference, misinformation, and data privacy within the lens of geopolitics. 


| By Elizabeth Sherwood-Randall, Scott Sagan, Brian Hanson

Deep Dish: Nuclear Threats 75 Years After Hiroshima

Seventy-five years after Hiroshima, former deputy secretary of energy Elizabeth Sherwood-Randall and Stanford University’s Scott Sagan join Deep Dish to examine the threat of nuclear weapons today.


| By Mira Rapp-Hooper, Brian Hanson

Deep Dish: Why Allies are Key for US Security Today

The Council on Foreign Relations’ Mira Rapp-Hooper joins Deep Dish to explain why the alliance system is still essential for America’s global leadership – but must be remade to meet the challenges of the 21st century. 




| By Adam Segal, Brian Hanson

Deep Dish: Who’s Winning the US-China Tech War?

The Council on Foreign Relations’ Adam Segal joins Deep Dish to explain the battles between China and the US over products like Huawei and TikTok, their role in US foreign policy, and why US allies are choosing sides. 


| By Judd Devermont, Neil Munshi, Brian Hanson

Deep Dish: Mali’s Instability Threatens the Sahel

This week on Deep Dish, the Center for Strategic and International Studies’ Judd Devermont and the Financial Times’ Neil Munshi explain why Mali’s instability is a threat to Africa’s Sahel region — soon to be the West’s largest conflict zone.