Transcripts of the monetary policymaking body of the Federal Reserve from 2002–2008.
In recent days the stories we have been hearing from market participants and observers are that they think there may well be something—maybe not signaling strongly that we’re done but talking about slowing down or possibly a pause. So I think this really is pretty close to what ...
I think it’s hard to know how people would read the news. But as was emphasized earlier, a weaker dollar supports exports and supports the outlook for the real economy.
I suppose it’s possible, but I guess I would expect that, if monetary policy came out tighter than people had expected, it would lead to at least a modest marking- down of the outlook for the economy.
I’m afraid I’m not sure.
I will be referring to the revised version of table 1, which is included in the package labeled “Material for the FOMC Briefing on Monetary Policy Alternatives.” The revised table presents the same range of options regarding the target federal funds rate as the version discussed in the Bluebook, but ...
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