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Federal Reserve Bank of Cleveland
Speech
Issues for U.S. Monetary Policy; Global Interdependence Center Central Banking Series with Banque de France, Paris, France
Loretta J. Mester
Abstract

Three years ago when I spoke here, I reviewed the tools that monetary policymakers had put in place to address the financial crisis and Great Recession. I discussed the Federal Reserve’s plans for normalizing policy and some of the challenges we would face as we transitioned from extraordinary economic and policy times back to ordinary times. Today, the environment has changed, but policymakers, as always, continue to face challenges in determining the most effective policies within the environment. So today, I’d like to carry on the theme and talk about current and future issues that Fed policymakers will face as we set appropriate monetary policy.


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Loretta J. Mester, Issues for U.S. Monetary Policy; Global Interdependence Center Central Banking Series with Banque de France, Paris, France, Federal Reserve Bank of Cleveland, Speech 98, 14 May 2018.
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