Peter Williams on Interest Rates, Term Premium, and the Importance of Inflation Expectations

Macro Musings with David Beckworth

04-03-2024 • 57 mins

Peter Williams is a managing director of macroeconomic research at 22V Research and was formerly at the IMF and the World Bank. Peter joins David on Macro Musings to provide a market perspective on interest rates, Treasury markets, and monetary policy. Specifically, David and Peter discuss the dos and don’ts of estimating term premiums, the importance and future of R-star, the usefulness of inflation expectations, and a lot more.

Transcript for this week’s episode.

Peter's Twitter: @peterdwilliams

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Related Links:

*A Macroeconomic Approach to the Term Premium* by Emanuel Kopp and Peter Williams

*Reading the Stars* by Peter Williams, Yasser Abdih, and Emanuel Kopp

*Inflation Expectations in the U.S.: Linking Markets, Households, and Businesses* by Peter Williams