The Economy and Monetary Policy at the Global Interdependence Center, Sarasota, FL

Loretta Mester

No 68, Speech from Federal Reserve Bank of Cleveland

Abstract: I thank David Kotok and his colleagues at the Global Interdependence Center for giving me the opportunity to speak with you this morning about economic developments and monetary policy. I am very happy to be here ? and not just because I left single?digit temperatures in Cleveland. No, it?s because at each GIC program I?ve attended over the years ? and there have been many ? I?ve always walked away with some new insight or perspective with which to view the economy and policy. The GIC?s Central Banking Series is an important forum for discussing economic matters of global interest, and I am privileged to say that today?s talk is my second in the series. Last March, at the GIC?s program with the Banque de France, I spoke about the journey from extraordinary monetary policy back to ordinary monetary policy. Today, I will update you on the progress that?s been made on that journey and my outlook for the economy and monetary policy. As always, the views I?ll present today are my own and not necessarily those of the Federal Reserve System or my colleagues on the Federal Open Market Committee

Keywords: monetary policy; global economy; ordinary; extraordinary (search for similar items in EconPapers)
Pages: 15 pages
Date: 2016-02-19
New Economics Papers: this item is included in nep-mac and nep-mon
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