A perspective on monetary policy

Sandra Pianalto

Economic Commentary, 2005, issue Feb

Abstract: This Commentary contains an insider?s view of the decisionmaking process followed by the monetary policymakers of the FOMC. In particular, Sandra Pianalto, president and CEO of the Federal Reserve Bank of Cleveland and a member of the FOMC, describes her take on the objectives, principles, and economic events that have played a role in the Committee?s decisions since last June, when it made the first of a series of interest rate increases. These remarks were originally made to the Association for Corporate Growth in Pittsburgh, Pennsylvania, on January 18, 2005.

Keywords: Federal funds rate; Monetary policy (search for similar items in EconPapers)
Date: 2005
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