Speech
Systematic policy and forward guidance
Abstract: Money Marketeers of New York University, Inc., Down Town Association, March 25, 2014, New York, NY President Charles Plosser discusses the relationship between systematic policy and forward guidance. He explains how understanding both practices can provide insights into effective monetary policy in normal and unusual times, or in extreme conditions when policy is constrained by the zero lower bound on nominal interest rates.
Keywords: Monetary policy; Forward guidance; FOMC:;
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File(s): File format is application/pdf https://www.philadelphiafed.org/-/media/frbp/assets/institutional/speeches/plosser/2014/03-25-14-mmnyu.pdf
Authors
Bibliographic Information
Provider: Federal Reserve Bank of Philadelphia
Part of Series: Speech
Publication Date: 2014-03-25
Number: 96
Pages: 11 pages