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Monetary Policy Frameworks; Panel Remarks for the National Association for Business Economics and American Economic Association Session, \"Coordinating Conventional and Unconventional Monetary Policies for Macroeconomic Stability\", Allied Social Science Associations Annual Meeting, Philadelphia, PA

Author

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  • Loretta J. Mester

Abstract

I will use my time to discuss the framework the FOMC uses for setting monetary policy and some alternative frameworks. Let me emphasize that this is a longer-run issue and not one that is of immediate concern. It lies in the realm of what economists and policymakers should have on their agendas for study given the economic developments we?ve seen over the past decade and what is expected over the coming decade. The views I?ll present are my own and not necessarily those of the Federal Reserve System or my colleagues on the Federal Open Market Committee.

Suggested Citation

  • Loretta J. Mester, 2018. "Monetary Policy Frameworks; Panel Remarks for the National Association for Business Economics and American Economic Association Session, \"Coordinating Conventional and Unconventional Monetary Po," Speech 89, Federal Reserve Bank of Cleveland.
  • Handle: RePEc:fip:fedcsp:89
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    File URL: https://www.clevelandfed.org/en/newsroom-and-events/speeches/sp-20180105-monetary-policy-frameworks.aspx
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    Cited by:

    1. KAMKOUM, Arnaud Cedric, 2023. "The Federal Reserve’s Response to the Global Financial Crisis and its Effects: An Interrupted Time-Series Analysis of the Impact of its Quantitative Easing Programs," Thesis Commons d7pvg, Center for Open Science.
    2. KAMKOUM, Arnaud Cedric, 2023. "The Federal Reserve’s Response to the Global Financial Crisis and Its Long-Term Impact: An Interrupted Time-Series Natural Experimental Analysis," OSF Preprints 53qbm, Center for Open Science.

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