Interview: Donald Kohn

Blair Baker talked to Donald Kohn on 9 July about his career at the Federal Reserve, monetary policy, the crisis and the future of financial regulation.


Central Banking Journal conducted this interview with Donald Kohn, the vice chairman of the Federal Reserve, on 9 July 2010 at the Washington, DC headquarters of the Board of Governors of the Federal Reserve System.

Central Banking (CB): What has been the greatest evolution in central banking during your 40 years at the Fed?

Donald Kohn (DK): I would emphasise two aspects. One is the experience in the 1970s that led central banks to begin putting much more emphasis on controlling inflation. We

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