A U.S. economic update and perspective on monetary policy (with reference to Leslie W. Fisher)

Richard W. Fisher

Speeches and Essays from Federal Reserve Bank of Dallas

Abstract: Remarks before the Australian Business Economists, Sydney, Australia, November 4, 2013 ; \"Under these circumstances, it is no small wonder American businesses are not expanding and growing jobs at the pace we at the Fed would like to see. It is no small wonder that our economy is growing at a substandard pace compared to previous recoveries. It is no small wonder that the most expansive monetary policy the FOMC has ever engineered has been hampered from accomplishing what it set out to do. In short, while the Fed has been moving at the speed of a boomer in full run, the federal government of the United States has at best exhibited the adaptive alacrity of a koala (without being anywhere near as cute).\"

Date: 2013
New Economics Papers: this item is included in nep-mac and nep-mon
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.dallasfed.org/news/speeches/fisher/2013/fs131104.aspx (text/html)
https://www.dallasfed.org/news/speeches/fisher/201 ... er/2013/fs131104.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:feddsp:140

Ordering information: This working paper can be ordered from
pubsorder@dal.frb.org

Access Statistics for this paper

More papers in Speeches and Essays from Federal Reserve Bank of Dallas Contact information at EDIRC.
Bibliographic data for series maintained by Amy Chapman (amy.chapman@dal.frb.org).