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

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 Peter’s LinkedIn profile Peter’s 22V bio   David Beckworth’s Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings   Join the Macro Musings mailing list! Check out our Macro Musings merch!   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