Coping with globalization's impact on monetary policy

Richard W. Fisher

No 82, Speeches and Essays from Federal Reserve Bank of Dallas

Abstract: Remarks for the National Association for Business Economics Panel Discussion at the 2006 Allied Social Science Associations Meeting, Boston, Massachusetts, January 6, 2006 ; \"By spurring productivity and fomenting tectonic economic changes, globalization has acted as a tailwind for the Fed's--and other central banks'--efforts to hold down inflation. I believe the Federal Reserve has been able to contain inflation with faster growth than would have been possible in the absence of globalization. In short, globalization has made the Fed's job easier over the past few years\">

Keywords: Globalization; economic conditions - United States; Monetary policy - United States (search for similar items in EconPapers)
Date: 2006
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