Speech

Implementing monetary policy with the balance sheet: keynote remarks for ECB Workshop: Money Markets, Monetary Policy Implementation, and Central Bank Balance Sheets, Frankfurt am Main, Germany


Abstract: Keynote Remarks for ECB Workshop: Money Markets, Monetary Policy Implementation, and Central Bank Balance Sheets, Frankfurt am Main, Germany.

Keywords: asset purchases; balance sheets; normalization; zero lower bound; forward guidance; large-scale asset purchase programs (LSAPs); reserve balances; reinvestment of principal payments; portfolio runoff; FOMC; portfolio size; portfolio composition; longer-term holding; prevention of market dysfunction; Joseph E. Gagnon;

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Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Speech

Publication Date: 2017-11-06

Number: 259