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The Federal Reserve’s Review of Its Monetary Policy Framework: A Roadmap

Author

Listed:
  • David E. Altig
  • Jeffrey C. Fuhrer
  • Marc Giannoni
  • Thomas Laubach

Abstract

In early 2019, the Federal Open Market Committee (FOMC or the Committee) launched a comprehensive review of its monetary policy framework (MPF)—the strategies, tools, and communication practices employed by the Federal Reserve to achieve its congressionally mandated goals of maximum employment and price stability.

Suggested Citation

  • David E. Altig & Jeffrey C. Fuhrer & Marc Giannoni & Thomas Laubach, 2020. "The Federal Reserve’s Review of Its Monetary Policy Framework: A Roadmap," FEDS Notes 2020-08-27, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgfn:2020-08-27
    DOI: 10.17016/2380-7172.2767
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    File URL: https://www.federalreserve.gov/econres/notes/feds-notes/the-federal-reserves-review-of-its-monetary-policy-framework-a-roadmap-20200827.htm
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    Citations

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    Cited by:

    1. Michael T. Kiley, 2024. "Monetary Policy, Employment Shortfalls, and the Natural Rate Hypothesis," Finance and Economics Discussion Series 2024-032, Board of Governors of the Federal Reserve System (U.S.).
    2. repec:cnb:ocpubc:geo2022/7 is not listed on IDEAS
    3. repec:fip:fedgsq:95755 is not listed on IDEAS
    4. Michael T. Kiley, 2024. "Monetary Policy Strategies to Foster Price Stability and a Strong Labor Market," Finance and Economics Discussion Series 2024-033, Board of Governors of the Federal Reserve System (U.S.).
    5. Darracq Pariès, Matthieu & Notarpietro, Alessandro & Kilponen, Juha & Papadopoulou, Niki & Zimic, Srečko & Aldama, Pierre & Langenus, Geert & Alvarez, Luis Julian & Lemoine, Matthieu & Angelini, Elena, 2021. "Review of macroeconomic modelling in the Eurosystem: current practices and scope for improvement," Occasional Paper Series 267, European Central Bank.
    6. repec:fip:fedgsq:95754 is not listed on IDEAS

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