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Author:Pianalto, Sandra 

Journal Article
A perspective on monetary policy

Sandra Pianalto is the president and chief executive officer of the Federal Reserve Bank of Cleveland. This Commentary contains the text of her remarks to the Forecaster?s Club of New York on April 22, 2004.
Economic Commentary , Issue May

Journal Article
Expectations, communications, and monetary policy

Since early 1994, the FOMC has taken many steps toward increasing the amount of information it conveys to the public about its actions. Sandra Pianalto, a Federal Reserve Bank president and FOMC participant, outlines the evolution of increasing transparency in FOMC communications and suggests a way that the process can go further still. This Commentary is taken from Pianalto?s speech to the Money Marketeers in New York City on April 19, 2005.
Economic Commentary , Issue Apr

Journal Article
Construction and monetary policy: a view from the sidelines

This Commentary is adapted from Ms. Pianalto's remarks at the annual forecast dinner of the Home Builders' Association of Greater Akron, January 27, 1999.
Economic Commentary , Issue Feb

Journal Article
Economic recovery and the Fourth District

An examination of the nature of economic recovery, with an analysis of the performance of past employment expansions in the Fourth Federal Reserve District, and discussion of the outlook for autos, steel, and capital goods.
Economic Commentary , Issue Jul

Journal Article
Monetary policy with humility

When the economy slows, monetary policymakers face pressure to deviate from their longer-term goals to address short-term problems. This Commentary argues that the Fed must stay focused on the long term?maintaining the stable purchasing power of the dollar. The Commentary is adapted from a speech delivered by Sandra Pianalto, first vice president of the Federal Reserve Bank of Cleveland, to the Association for Corporate Growth in March 2001.
Economic Commentary , Issue May

Journal Article
Monetary policy in an interdependent world

While central bankers must focus on delivering price stability and other mandates in their own countries, they must also monitor international developments closely because national trade and financial markets have become increasingly interconnected. Sandra Pianalto, president and chief executive officer of the Federal Reserve Bank of Cleveland, explores how the globalization of financial markets could affect U.S. monetary policy and explains how a commitment to price stability and policy transparency can help monetary policymakers deal with challenging international developments. A version of ...
Economic Commentary , Issue May

Journal Article
Reorganizing the U.S. banking regulatory structure

A discussion of the changes in the structure of the banking system since the 1970s, with an emphasis on the 1984 recommendations of the Task Group on Regulation of Financial Services.
Economic Commentary , Issue Apr

Journal Article
Inflation, inflation expectations, and monetary policy

Careful readers of FOMC communications will note that in addition to talking about actual inflation, the committee often talks about inflation expectations. Sandra Pianalto, the president and chief executive officer of the Federal Reserve Bank of Cleveland, explains the important role that inflation expectations play in the monetary policy process. This Commentary is taken from a speech she delivered to the Copper Development Association?s Global Market Trends Conference on September 8, 2006.
Economic Commentary , Issue Sep

Conference Paper
Conference overview and welcoming address

Proceedings

Conference Paper
Education and economic development: beginning a dialogue

Proceedings

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