How and Why

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 spoke at an event hosted by the Centre For Macroeconomics at the London School of Economics and Political Science. He shared his view that a central bank should communicate how it turns incoming information into monetary policy – the framework for policy decisions. President Musalem discussed three gains from having a clearly communicated framework: smoother monetary policy transmission, better economic outcomes and stronger accountability to the public. Following his speech, titled "How and Why," he participated in a Q&A moderated by Ricardo Reis, A. W. Phillips Professor of Economics at LSE.

Keywords: central bank communication; monetary policy framework; monetary policy transmission; central bank accountability (search for similar items in EconPapers)
Pages: 8 pages
Date: 2026-09-29
New Economics Papers: this item is included in nep-his
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https://www.stlouisfed.org/from-the-president/rema ... icy-framework-london Full text and video (text/html)
https://www.stlouisfed.org/-/media/project/frbstl/ ... 9-sep-2026_final.pdf Full text (application/pdf)

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