Speech

Perspectives on the U.S. economy and monetary policy


Abstract: President Charles Plosser offers his views on growth, unemployment, and inflation expectations. He also discusses why the Fed faces a communications challenge with the economy so close to the unemployment threshold of 6.5 percent. He then explains why he favors the Fed providing more information to indicate how monetary policy will evolve as economic conditions change. Read the speech.

Keywords: Monetary policy; Economy; Economic conditions; ;

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Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Speech

Publication Date: 2014-03-06

Number: 94

Pages: 11 pages