Transcripts of the monetary policymaking body of the Federal Reserve from 2002–2008.
In the forecast, the federal funds rate goes to 50 basis points, and I take it that’s essentially as low as you think it can go. You treat that as sort of the lower bound on nominal interest rates. Is that right?
j previous speech
k next speech
An open source tool for making transcripts really easy to read, search and share on the modern web
Your donations keep this site and others like it running
A Poplus component
mySociety Limited is a project of UK Citizens Online Democracy, a registered charity in England and Wales. For full details visit mysociety.org.