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Federal Reserve Bank of Philadelphia
Speech
What to Expect When You’re Expecting to Normalize Monetary Policy
Patrick T. Harker
Abstract

"Removing accommodation is the right next step,” said President Patrick Harker in a speech on November 13 in Tokyo. He also said in “the event of another shock,” making sure tools are effective, in his view, “means reducing our balance sheet.”


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Patrick T. Harker, What to Expect When You’re Expecting to Normalize Monetary Policy, Federal Reserve Bank of Philadelphia, Speech 144, 13 Nov 2017.
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Keywords: monetary; policy
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