Monetary Policy in Word and Deed

Loretta Mester

Speech from Federal Reserve Bank of Cleveland

Abstract: I thank the Shadow Open Market Committee for inviting me to speak today. The SOMC is known for fostering an active exchange of diverse views on the economy and monetary policy, with the aim of contributing to better policy decisions. I believe robust policy discussions and deliberations are very constructive, and I am looking forward to the question-and-answer portion of this session. To help frame that discussion, let me start with a review of economic developments and my perspectives on monetary policy.

Keywords: Shadow Open Market Committee (SOMC); monetary policy; inflation; Federal Open Market Committee (FOMC) (search for similar items in EconPapers)
Pages: 15
Date: 2023-10-20
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