Observations on financial stability concerns for monetary policymakers: remarks at the Shanghai Advanced Institute of Science, Beijing, China, August 31, 2016

Eric Rosengren ()

No 109, Speech from Federal Reserve Bank of Boston

Abstract: Speaking at a conference in Beijing, Boston Fed President Eric Rosengren said it has been appropriate to be patient about normalizing interest rates, given that growth ?has continued to underwhelm.? But the Fed?s mandated goals ? stable prices and maximum sustainable employment ? are likely to be achieved relatively soon, and ?keeping interest rates low for a long time is not without risks.?

Pages: 14 pages
Date: 2016-08-31
New Economics Papers: this item is included in nep-ban
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