Search Results
Speech
The joys of spring: remarks at the 21st Annual Bronx Bankers Breakfast, Bronx, New York
Williams, John C.
(2019-05-10)
Remarks at the 21st Annual Bronx Bankers Breakfast, Bronx, New York.
Speech
, Paper 319
Speech
'Normal' monetary policy in words and deeds: remarks at Columbia University, School of International and Public Affairs, New York City
Williams, John C.
(2018-09-28)
Remarks at Columbia University, School of International and Public Affairs, New York City.
Speech
, Paper 292
Report
China in the global economy. SF Fed President John Williams talks with Zheng Liu, Mark Spiegel, and Fernanda Nechio of the international research team about China's economic slowdown and how it's affecting global economic activity
Nechio, Fernanda; Liu, Zheng; Williams, John C.; Spiegel, Mark M.
(2015)
In the 2015 annual report, What We've Learned...and why it matters, we share our research findings about the slowdown in China's economic growth and its effects on the U.S. economy, emerging market economies, and global commodity markets. Cyclical and structural factors underlie the slowdown. We discuss the impact of trends in exports and investment, and the country's transformation from a manufacturing-based economy to a service-based economy. We believe China's days of 10 percent economic growth likely are over.
Annual Report
Speech
The Federal Reserve and the economic recovery
Williams, John C.
(2012)
Presentation to The Columbian?s 2012 Economic Forecast Breakfast, Vancouver, Washington, January 10. 2012
Speech
, Paper 96
Speech
Monetary policy strategies for a low-neutral-interest-rate world: remarks at the 80th Plenary Meeting of the Group of Thirty, Federal Reserve Bank of New York, New York City
Williams, John C.
(2018-11-30)
Remarks at the 80th Plenary Meeting of the Group of Thirty, Federal Reserve Bank of New York, New York City.
Speech
, Paper 303
Journal Article
Monetary Policy and the Economic Outlook: A Fine Balancing Act
Williams, John C.
(2017)
The economy is in a good place. Unemployment is low and confidence is high. The challenges to address are good ones: keeping the expansion going, bringing inflation up to its 2% target, and using this period to normalize monetary policy in general and interest rates in particular. The years ahead will require a balanced approach, guided by the data. The following is adapted from remarks by the president and CEO of the Federal Reserve Bank of San Francisco at the 54th Annual Economic Forecast, Phoenix, AZ, on November 29.
FRBSF Economic Letter
Working Paper
Measuring the Effect of the Zero Lower Bound on Yields and Exchange Rates in the U.K. and Germany
Williams, John C.; Swanson, Eric T.
(2013-08-01)
The zero lower bound on nominal interest rates began to constrain many central banks? setting of short-term interest rates in late 2008 or early 2009. According to standard macroeconomic models, this should have greatly reduced the effectiveness of monetary policy and increased the efficacy of fiscal policy. However, these models also imply that asset prices and private-sector decisions depend on the entire path of expected future short-term interest rates, not just the current level of the monetary policy rate. Thus, interest rates with a year or more to maturity are arguably more relevant ...
Working Paper Series
, Paper 2013-21
Speech
Welcoming remarks at the Investing in America's Workforce Book Launch Event, Federal Reserve Bank of New York, New York City
Williams, John C.
(2018-11-09)
Remarks at the Investing in America's Workforce Book Launch Event, Federal Reserve Bank of New York, New York City.
Speech
, Paper 300
Journal Article
Monetary policy in uncertain times
Williams, John C.
(2013)
The Federal Reserve has taken bold steps this past year, both in the approaches to stimulate the economy and the way it talks about policy. The Fed's initiatives are working, and represent the best course to move toward maximum employment and price stability. ; This letter is adapted from a presentation by the president and CEO of the Federal Reserve Bank of San Francisco to the Semiconductor Materials and Equipment International (SEMI) 2013 Industry Strategy Symposium, in Half Moon Bay, California, on January 14, 2013.
FRBSF Economic Letter
Working Paper
Transition dynamics in vintage capital models: explaining the postwar catch-up of Germany and Japan
Gilchrist, Simon; Williams, John C.
(2001)
We consider a neoclassical interpretation of Germany and Japan's rapid postwar growth that relies on a catch-up mechanism through capital accumulation where technology is embodied in new capital goods. Using a putty-clay model of production and investment, we are able to capture many of the key empirical properties of Germany and Japan's postwar transitions, including persistently high but declining rates of labor and total-factor productivity growth, a U-shaped response of the capital-output ratio, rising rates of investment and employment, and moderate rates of return to capital.
Finance and Economics Discussion Series
, Paper 2001-07
FILTER BY year
FILTER BY Bank
Federal Reserve Bank of San Francisco 212 items
Federal Reserve Bank of New York 111 items
Board of Governors of the Federal Reserve System (U.S.) 26 items
Federal Reserve Bank of Boston 2 items
Federal Reserve Bank of Atlanta 1 items
FILTER BY Series
Speech 194 items
FRBSF Economic Letter 56 items
Working Paper Series 37 items
Finance and Economics Discussion Series 23 items
Annual Report 13 items
Staff Reports 9 items
Liberty Street Economics 7 items
Proceedings 5 items
Economic Review 4 items
Conference Series ; [Proceedings] 1 items
FRB Atlanta Working Paper 1 items
International Finance Discussion Papers 1 items
Working Papers 1 items
show more (8)
show less
FILTER BY Content Type
Speech 194 items
Working Paper 63 items
Journal Article 60 items
Report 22 items
Discussion Paper 7 items
Conference Paper 6 items
show more (1)
show less
FILTER BY Author
Orphanides, Athanasios 20 items
Laubach, Thomas 13 items
Mertens, Thomas M. 12 items
Edge, Rochelle M. 7 items
Afonso, Gara 6 items
Gilchrist, Simon 6 items
La Spada, Gabriele 6 items
Armantier, Olivier 4 items
Levin, Andrew T. 4 items
Reifschneider, David L. 4 items
Rudebusch, Glenn D. 4 items
Topa, Giorgio 4 items
Van der Klaauw, Wilbert 4 items
Cho, Sophia 3 items
Giannone, Domenico 3 items
Holston, Kathryn 3 items
KoÅŸar, Gizem 3 items
Taylor, John B. 3 items
Weidner, Justin 3 items
Bok, Brandyn 2 items
Choi, Laura 2 items
Chung, Hess T. 2 items
Daly, Mary C. 2 items
Dennis, Richard 2 items
Jones, Charles I. 2 items
Laforte, Jean-Philippe 2 items
Somerville, Jason 2 items
Swanson, Eric T. 2 items
Wieland, Volker W. 2 items
Basinger, Tracy 1 items
Boumahdi, Fatima 1 items
Brayton, Flint 1 items
Cao, Yifan 1 items
Erickson, David J. 1 items
Galloway, Ian 1 items
Goldman, Leo 1 items
Gould, Mark 1 items
Hoff, K. Jody 1 items
Liu, Zheng 1 items
McGough, Bruce 1 items
Nechio, Fernanda 1 items
Onatski, Alexei 1 items
Petrosky-Nadeau, Nicolas 1 items
Pyle, Benjamin 1 items
Replogle, Roger 1 items
Roberts, John M. 1 items
Rockwood, Robin 1 items
Sbordone, Argia M. 1 items
Spiegel, Mark M. 1 items
Tetlow, Robert J. 1 items
Valletta, Robert G. 1 items
Walker, Steve 1 items
Williams, Noah 1 items
Zuckerman, Sam 1 items
show more (50)
show less
FILTER BY Jel Classification
FILTER BY Keywords
Monetary policy 89 items
monetary policy 46 items
inflation 38 items
Inflation (Finance) 26 items
economic conditions - United States 22 items
COVID-19 21 items
employment 19 items
Interest rates 17 items
pandemic 17 items
price stability 17 items
Economic conditions 16 items
Econometric models 15 items
inflation expectations 13 items
economic outlook 12 items
economy 11 items
Productivity 8 items
expectations 8 items
r-star 8 items
Economic forecasting - United States 6 items
Unemployment 6 items
financial markets 6 items
interest rates 6 items
supply and demand 6 items
Alternative Reference Rates Committee (ARRC) 5 items
LIBOR 5 items
Macroeconomics 5 items
R-star 5 items
dual mandate 5 items
recovery 5 items
uncertainty 5 items
unemployment 5 items
Federal Reserve 4 items
Rational expectations (Economic theory) 4 items
Secured Overnight Financing Rate (SOFR) 4 items
ample reserves 4 items
central banks 4 items
communities 4 items
economic conditions 4 items
labor market 4 items
labor markets 4 items
lower bound 4 items
natural rate of interest 4 items
reference rates 4 items
zero lower bound (ZLB) 4 items
Economic growth 3 items
Employment 3 items
FOMC 3 items
Federal Open Market Committee (FOMC) 3 items
Fiscal policy 3 items
Monetary policy - United States 3 items
New York City 3 items
New York Fed 3 items
Recessions 3 items
Treasury market 3 items
Uncertainty 3 items
Wages 3 items
balance sheets 3 items
demand 3 items
economic growth 3 items
forward guidance 3 items
global growth 3 items
households 3 items
inflation targeting 3 items
monetary policy normalization 3 items
natural evolution of Federal Reserve language 3 items
policy 3 items
prices 3 items
productivity growth 3 items
strong economy 3 items
transparency 3 items
zero lower bound 3 items
Asset pricing 2 items
Economic development 2 items
Economic development - Germany 2 items
Economic development - Japan 2 items
Economic forecasting 2 items
Economic indicators 2 items
Economics - Study and teaching 2 items
Federal Reserve communication 2 items
Housing - Prices 2 items
Kalman filter 2 items
Labor market 2 items
London Interbank Offered Rate (LIBOR) 2 items
Macroeconomics - Econometric models 2 items
Money supply 2 items
Natural rate of output 2 items
New York (State) 2 items
Puerto Rico 2 items
Research and development 2 items
SOFR 2 items
Second District 2 items
Technology 2 items
Ukraine 2 items
accommodative 2 items
businesses 2 items
central bank reserves 2 items
communications 2 items
community development 2 items
corporate culture 2 items
credit 2 items
data 2 items
data dependent 2 items
demand for reserves 2 items
demographics 2 items
derivatives 2 items
diversity 2 items
federal funds 2 items
fiscal policy 2 items
growth 2 items
health 2 items
interest rate policy 2 items
jobs 2 items
labor 2 items
lift-off 2 items
markets 2 items
maximum employment 2 items
monetary policy implementation 2 items
policymakers 2 items
rate control 2 items
risk 2 items
supply 2 items
target range 2 items
transition 2 items
unconventional monetary policy 2 items
ARRC 1 items
Bank supervision 1 items
Bank supervision - United States 1 items
Banking Standards Board (BSB) Assessment 1 items
Banks and banking - Asia 1 items
Banks and banking - United States 1 items
Blacks 1 items
Business cycles 1 items
COVID-19 pandemic 1 items
Capital investments 1 items
Cash transactions 1 items
Centennial 1 items
Citigroup 1 items
Community Reinvestment Act (CRA) 1 items
Connecticut 1 items
Convergence 1 items
Cyclically Sensitive Inflation (CSI) 1 items
David Reifschneider 1 items
Deflation (Finance) 1 items
Disclosure of information 1 items
Econometrics 1 items
Economic conditions - China 1 items
Economic recovery 1 items
Education and Industry Forum on Financial Services Culture 1 items
Embodied technology 1 items
Equilibrium (Economics) 1 items
FCA 1 items
FOMC communications 1 items
Federal Reserve Bank of New York 1 items
Federal Reserve System 1 items
Financial Conduct Authority (FCA) 1 items
Financial crises 1 items
Financial crises - Asia 1 items
Financial derivatives 1 items
Financial stability 1 items
Forecasting 1 items
G-star 1 items
GDP 1 items
Government securities 1 items
HMS 1 items
Holston-Laubach-Williams model 1 items
Housing 1 items
IOSCO 1 items
ISDA 1 items
Industrial capacity 1 items
Inflation 1 items
Input-output analysis 1 items
Inter-Agency Working Group on Treasury Market Surveillance 1 items
International Organization of Securities Commissions (IOSCO) 1 items
John Dugan 1 items
LGBT 1 items
Labor market - New York (N.Y.) 1 items
Laubach-Williams model 1 items
Liquidity (Economics) 1 items
Marvin Goodfriend 1 items
Microeconomics 1 items
Moderate growth 1 items
Monetary 1 items
Monetary policy rules 1 items
Money Market Mutual Fund Liquidity Facility (MMLF) 1 items
Money and interest rates 1 items
New Jersey 1 items
North Country 1 items
OSSG 1 items
Omicron 1 items
Open Finance 1 items
Open Market Trading Desk (the Desk) 1 items
Open Network 1 items
Payment systems 1 items
Phillips curve 1 items
Prices 1 items
Productivity growth 1 items
Putty-clay 1 items
R-Star 1 items
Risk management 1 items
STEM 1 items
Static Average Inflation Targeting (SAIT) 1 items
Taylor's rule 1 items
Treasury securities 1 items
Trend growth 1 items
Woodstock conference 1 items
ZLB 1 items
Zero Lower Bound (ZLB) 1 items
accountability 1 items
adjustable rate mortgages (ARMs) 1 items
anchoring 1 items
average inflation targeting (AIT) 1 items
average-inflation targeting 1 items
banking culture in supervision 1 items
banks 1 items
behavior 1 items
below-target inflation rates 1 items
big metropolitan areas 1 items
blind spots 1 items
bonds 1 items
careers 1 items
central bank digital currencies (CBDC) 1 items
college graduates 1 items
commencement 1 items
communities of color 1 items
community banking 1 items
community banks 1 items
community development financial institutions 1 items
community investments 1 items
complacency 1 items
connect convene catalyze 1 items
consumer surveys 1 items
coronavirus 1 items
corporate values 1 items
cryptocurrency 1 items
culture 1 items
cyber risk 1 items
data dependence 1 items
deflation 1 items
digital currency 1 items
digital transformation 1 items
disruptions 1 items
dynamic average inflation targeting (DAIT) 1 items
early-warning signals 1 items
economic fundamentals 1 items
economic policy 1 items
economic uncertainty 1 items
economies 1 items
employer engagement 1 items
employment-to-population ratio (EPOP) 1 items
equal opportunity 1 items
equilibrium 1 items
equitable 1 items
equitable growth 1 items
equitable recovery 1 items
ethical dilemma 1 items
ethics 1 items
euro area 1 items
expansion 1 items
facilities 1 items
facts 1 items
falling R-star 1 items
families 1 items
federal funds market 1 items
federal funds rate 1 items
federal funds rates 1 items
finance 1 items
financial conditions 1 items
financial institutions 1 items
flattening 1 items
food distribution 1 items
food insecurity 1 items
food prices 1 items
foundation 1 items
framework 1 items
funding markets 1 items
gentrification 1 items
geopolitical risk 1 items
geopolitical tensions 1 items
geopolitical uncertainty 1 items
global economic markets 1 items
global economy 1 items
global financial markets 1 items
global inflation 1 items
global supply chain 1 items
good culture 1 items
good times 1 items
gross domestic product 1 items
hard numbers 1 items
headwinds 1 items
healthcare 1 items
highly skilled workers 1 items
history 1 items
holistic view 1 items
housing 1 items
housing affordability 1 items
implementation 1 items
in-demand skills 1 items
income 1 items
inequality 1 items
inequities 1 items
inflation goal 1 items
inflation target 1 items
interest 1 items
jobs market 1 items
labor shortage 1 items
labor supply 1 items
large-scale asset purchases 1 items
life expectancy 1 items
liquidity 1 items
local economy 1 items
low inflation 1 items
low neutral interest rate 1 items
low neutral interest rates 1 items
lower bound on interest rates 1 items
macro level 1 items
macroeconomic drivers 1 items
market 1 items
market intelligence 1 items
measurement 1 items
mixed picture 1 items
monetary policy shocks 1 items
monetary policy uncertainty 1 items
money 1 items
multiple equilibria 1 items
music 1 items
negative interest rates 1 items
neutral interest rates 1 items
neutral real rate of interest 1 items
new normal 1 items
nine hundred and one 1 items
non-test repo operations 1 items
normalization of balance sheet 1 items
norms 1 items
occupations 1 items
organizations 1 items
payments 1 items
personal consumption expenditures (PCE) 1 items
policy rules 1 items
powder dry 1 items
price inflation dynamics 1 items
price-level targeting 1 items
pride month 1 items
primary dealer credit facility 1 items
quantification 1 items
race 1 items
racial 1 items
racial disparities 1 items
rates 1 items
real time estimation 1 items
recession 1 items
regional banks 1 items
regulatory framework 1 items
repo rates 1 items
reserve demand 1 items
resilience 1 items
resource allocation 1 items
risk management 1 items
risks 1 items
scandals 1 items
secured lending rates 1 items
securities 1 items
shocks 1 items
skills gap 1 items
slowing global growth 1 items
spending 1 items
stability 1 items
stable inflation 1 items
stablecoins 1 items
statement 1 items
stimulus 1 items
strategic surveys 1 items
systematic policy framework 1 items
tailwinds 1 items
target 1 items
tariffs 1 items
technology 1 items
term rate 1 items
threat 1 items
time-varying volatility 1 items
total factor productivity 1 items
trend growth 1 items
trimmed-mean inflation 1 items
uncertainty shocks 1 items
underlying inflation 1 items
unemployment gap 1 items
vaccination 1 items
values 1 items
volatility 1 items
vulnerability 1 items
workers 1 items
workforce 1 items
workforce development 1 items
wrongdoing 1 items
show more (388)
show less