Forward Guidance in Extraordinary Times, in Normal Times, and Betwixt the Two

Loretta Mester

No 48, Speech from Federal Reserve Bank of Cleveland

Abstract: Good evening and thank you very much for the invitation to speak to the Money Marketeers. I understand that a long line of Federal Reserve presidents and governors have addressed your distinguished group and I am very honored to follow in their footsteps. Tonight I will discuss the role of communications in Fed policymaking, focusing on the FOMC?s forward guidance on the future path of policy. Of course, my remarks will reflect my own views and not necessarily those of the Federal Reserve System or my colleagues on the Federal Open Market Committee.

Pages: 3 pages
Date: 2015-03-30
New Economics Papers: this item is included in nep-hpe and nep-mon
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