Speech

Monetary Policy Frameworks; Panel Remarks for the National Association for Business Economics and American Economic Association Session, \"Coordinating Conventional and Unconventional Monetary Policies for Macroeconomic Stability\", Allied Social Science Associations Annual Meeting, Philadelphia, PA


Abstract: I will use my time to discuss the framework the FOMC uses for setting monetary policy and some alternative frameworks. Let me emphasize that this is a longer-run issue and not one that is of immediate concern. It lies in the realm of what economists and policymakers should have on their agendas for study given the economic developments we?ve seen over the past decade and what is expected over the coming decade. The views I?ll present are my own and not necessarily those of the Federal Reserve System or my colleagues on the Federal Open Market Committee.

Keywords: monetary policy; Federal Open Market Committee; ;

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Provider: Federal Reserve Bank of Cleveland

Part of Series: Speech

Publication Date: 2018-01-05

Number: 89