The Federal Funds Rate

Graduating senior William Bailey delivers his Ivy Oration, “The Federal Funds Rate and the Channels of Monetary Transmission,” at Class Day 2008...

Graduating senior William Bailey delivers his Ivy Oration, “The Federal Funds Rate and the Channels of Monetary Transmission,” at Class Day 2008.

Watch the live video recording.

 

Most popular

‘Effort Still Matters’ in AI Age, Garber Tells Harvard Graduates

In his Baccalaurate address, the University president urged a mindful—yet open—approach to the technology.

AI Outperforms Doctors in Emergency Room Tasks, New Harvard Study Shows

Researchers say the technology could help physicians with triage, diagnosis.

Meet Harvard’s 2026 Student Commencement Speakers

Two undergraduates and a Ph.D. candidate will address the graduating class on May 28.

Explore More From Current Issue

Historical scene depicting a parade with soldiers and a town square in the background.

When the Revolution Hit Cambridge, Harvard Moved to Concord

College students broke hearts and windows during their year in exile.

A woman with long hair leans on a table, looking out a large window with rain-streaked glass.

A Harvard Economist Probes the Affordable Housing Crisis

From understanding gender pay gaps to the housing crisis, Rebecca Diamond’s research aims to improve lives.

Woman with long hair, smiling, wearing a black sweater, in a textured beige background.

For This Poet, AI Is a Writing Partner

Sasha Stiles trained a chatbot on her manuscripts. Now, her poems rewrite themselves.