The U.S. economic outlook and monetary policy

Abstract: Remarks at the Economic Club of New York, New York City.

Keywords: personal consumption expenditures (PCE) deflator; inflation expectations; zero lower bound; interest rate normalization; lift-off; short-term neutral real interest rate; nominal federal funds rate; real federal funds rate; r*; financial conditions;

JEL Classification: E52; E66;

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Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Speech

Publication Date: 2015-11-12

Number: 185