Search Results
Speech
The outlook for the economy and monetary policy
Presentation to the Burnham-Moores Center for Real Estate School of Business Administration, University of San Diego, San Diego, CA, February 22, 2010
Working Paper
The market-perceived monetary policy rule
We introduce a novel method for estimating a monetary policy rule using macroeconomic news. Market forecasts of both economic conditions and monetary policy are affected by news, and our estimation links the two effects. This enables us to estimate directly the policy rule agents use to form their expectations, and in so doing flexibly capture the particular dynamics of policy response. We find evidence that between 1994 and 2007 the market-perceived Federal Reserve policy rule changed: the output response vanished, and the inflation response path became more gradual but larger in long-run ...
Speech
The Federal Reserve and the economic recovery
Presentation to The Columbian?s 2012 Economic Forecast Breakfast, Vancouver, Washington, January 10. 2012
Speech
The uncertain economic outlook and the policy responses
Presentation to the Forecasters Club of New York, March 25, 2009
Speech
Outlook for the U.S. economy and community banks
Presentation to the Oregon Bankers Association Annual Convention with the Idaho Bankers Association, Coeur d?Alene, Idaho, July 28, 2009
Speech
The outlook for recovery in the U.S. economy
Presentation to the San Francisco Society of Certified Financial Analysts, San Francisco, CA, September 14, 2009
Speech
The Federal Reserve and the economic recovery
Presentation to the Bishop Ranch Forum, San Ramon, California, February 8, 2012 ; President Williams presented similar remarks to The Columbian?s 2012 Economic Forecast Breakfast in Vancouver, Washington, on January 10, 2012.
Speech
Sailing into headwinds: the uncertain outlook for the U.S. economy
Presentation to Joint Meeting of the San Francisco and Salt Lake City Branch Boards of Directors. Closing Luncheon. Salt Lake City, UT, September 8, 2010