The national economic outlook and monetary policy

Charles Plosser ()

No 85, Speech from Federal Reserve Bank of Philadelphia

Abstract: Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia to the Greater Johnstown Cambria County Chamber of Commerce, Johnstown, PA ; President Charles I. Plosser provides his economic outlook and views on monetary policy. He discusses the recent decision of the Federal Open Market Committee (FOMC) to delay tapering the asset purchase program. Because the FOMC failed to adjust the pace of asset purchases at the FOMC?s September meeting, he believes the FOMC undermines the credibility of its own forward guidance.

Keywords: Monetary policy; Economic forecasting; Regulatory reform (search for similar items in EconPapers)
Date: 2013-10-08
New Economics Papers: this item is included in nep-mac and nep-mon
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.philadelphiafed.org/-/media/frbp/asset ... mber-of-commerce.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedpsp:85

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Speech from Federal Reserve Bank of Philadelphia Contact information at EDIRC.
Bibliographic data for series maintained by Beth Paul ().