The Federal Reserve balance sheet and monetary policy: remarks at the 26th Annual Hyman P. Minsky Conference, Levy Economics Institute of Bard College, Annandale-On-Hudson, New York, April 19, 2017
Eric Rosengren ()
No 117, Speech from Federal Reserve Bank of Boston
Abstract:
Boston Fed President Eric Rosengren said that structural changes in the macroeconomy \"may necessitate more frequent use of large-scale asset purchases during recessions.\" He called it \"quite likely\" that the use of central bank balance sheets will be necessary in future economic downturns.
Pages: 12 pages
Date: 2017-04-19
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