Acknowledging Uncertainty, 10-07-2016; Shadow Open Market Committee Fall Meeting, New York, NY

Loretta Mester

No 77, Speech from Federal Reserve Bank of Cleveland

Abstract: I would like to share my perspective as someone who has participated in some of those policy decisions. I will comment on how I approach monetary policymaking in an uncertain world, review the types of uncertainty policymakers and economists need to deal with, and provide some recommendations for improving monetary policy communications. Of course, the views I?ll present today are my own and not necessarily those of the Federal Reserve System or my colleagues on the Federal Open Market Committee.

Keywords: Communications; Monetary Policy; Uncertainty (search for similar items in EconPapers)
Pages: 18 pages
Date: 2016-10-07
New Economics Papers: this item is included in nep-mon
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