Monetary Policy and Productivity: Promoting Growth vs. Stabilizing Prices

Alberto G. Musalem
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Alberto G. Musalem: https://www.federalreservehistory.org/people/alberto-musalem

Speech from Federal Reserve Bank of St. Louis

Abstract: St. Louis Fed President Alberto Musalem delivered a speech titled "Monetary Policy and Productivity: Promoting Growth vs. Stabilizing Prices," in which he discussed the possibility that monetary policy doesn't merely respond to productivity growth but helps determine it. He examined pros and cons of pursuing easier-than-warranted monetary policy in an effort to foster productivity growth. He spoke at the Centro de Debate de Políticas Públicas (Center for Public Policy Debate) in São Paulo, Brazil. Following his speech, he participated in a Q&A moderated by Mário Mesquita.

Keywords: artificial intelligence (AI); productivity; monetary policy easing (search for similar items in EconPapers)
Pages: 9 pages
Date: 2026-08-06
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