Former central banker Paul Tucker is the chair of the Systemic Risk Council, a Fellow at the Harvard Kennedy School, and author of Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State. 

LONG BIO

Towards a “new normal” in financial markets?

Policy responses have to be seen in terms of policy regimes and, although this can be no more than a sketch, I want to leave both the central bankers in the room and later readers with a conviction that there is work to be done to fill out the policy regimes for which central banks have delegated or de facto responsibility.CLICK HERE TO READ THE FULL TEXT