Journal Article
Current Perceptions About Monetary Policy
Abstract: Surveys of professional economic forecasters and financial market data can reveal public perceptions about the future conduct of monetary policy. Current estimates suggest that both professional forecasters and investors expect the Federal Reserve to respond strongly and systematically to changes in economic conditions. The current perceived responsiveness to inflation is particularly high relative to past responsiveness. Furthermore, the perceived importance of employment as a driver of future policy interest rates has strengthened since 2024.
Access Documents
File(s):
File format is application/pdf
https://www.frbsf.org/wp-content/uploads/el2025-05.pdf
Description: Full text - article PDF
Bibliographic Information
Provider: Federal Reserve Bank of San Francisco
Part of Series: FRBSF Economic Letter
Publication Date: 2025-02-24
Volume: 2025
Issue: 05
Pages: 6