Policy Nimbleness Through Forward Guidance

Mary Daly

FRBSF Economic Letter, 2022, vol. 2022, issue 17, 07

Abstract: Bringing inflation down is the Federal Reserve’s number one priority. The goal is to do that without crippling growth and stalling the labor market. This will not be easy, but the economy and the Fed’s policy toolkit have both evolved, which will help for meeting those goals.

Keywords: inflation; monetary policy; covid19; supply chains (search for similar items in EconPapers)
Date: 2022
Note: The following is adapted from remarks by the president of the Federal Reserve Bank of San Francisco at the Shadow Open Market Committee Conference held at Chapman University in Orange, CA, on June 24.
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