Transparency in the Practice of Monetary Policy

Alfred Broaddus

Speech from Federal Reserve Bank of Richmond

Abstract: This has been a very useful conference in my view, and I am honored by this opportunity to be a part of it.1 As some of you may know, I was the second choice for this slot, but that doesn't bother me at all because the first choice was Don Brash, the Governor of the Reserve Bank of New Zealand and a pathbreaker in bringing both transparency and accountability to central banking in practice. I won't be able to fill Don's shoes completely, but I have a strong interest in this topic, and I am very happy that Bill and Dan saw fit to give me the opportunity to share some thoughts with this distinguished group.

Date: 2001-10-12
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