Journal Article
Credible monetary policy to sustain growth
Melzer, Thomas C. (1997-07)
Despite the fact that the U.S. economy has been performing very well recently, monetary policymakers have been the targets of some criticism. In the speech reprinted here, which was delivered to a group of bankers in June 1997, St. Louis Federal Reserve President Thomas C. Melzer responds to the critics and outlines some ideas for maintaining sustaining, noninflationary economic growth. In his assessment, credibility is a key aspect of successful monetary policy.
Review , Issue Jul , Pages 1-5

Journal Article
What does a reserve bank do?
Melzer, Thomas C. (1993-07)
The Regional Economist

Journal Article
Should the Fed be involved in providing financial services?
Melzer, Thomas C. (1995-01)
President's Message.
The Regional Economist

Journal Article
Should the Fed be made more accountable?
Melzer, Thomas C. (1994-01)
The Regional Economist

Journal Article
A low inflation policy is a pro-growth policy
Melzer, Thomas C. (1994-07)
The Regional Economist

Journal Article
A welcome to interstate banking and branching
Melzer, Thomas C. (1994-10)
The Regional Economist

Journal Article
Tales from the flood
Melzer, Thomas C. (1993-10)
The Regional Economist

Journal Article
To conclude: keep inflation low and, in principle, eliminate it
Melzer, Thomas C. (1997-11)
The U.S. economy performed well across the board in 1997, with low unemployment, robust economic growth, and the lowest sustained inflation in decades. Nevertheless, the current framework for monetary policymaking does not ensure that inflation is down for the count, says Federal Reserve Bank of St. Louis president Thomas C. Melzer in a speech reprinted here. In this speech, Melzer argues that the Federal Reserve ought to secure the best environment for economic growth by adopting multi-year inflation targets to reduce the trend rate of inflation and keep inflation low.
Review , Issue Nov , Pages 3-7

Journal Article
Encouraging community reinvestment
Melzer, Thomas C. (1994-04)
The Regional Economist

Journal Article
Economy poised for sustainable growth
Melzer, Thomas C. (1993-04)
The Regional Economist