IDEAS home Printed from https://ideas.repec.org/a/fip/fedcec/y2006ifeb15.html
   My bibliography  Save this article

Economic forecasts and monetary policy

Author

Listed:
  • Sandra Pianalto

Abstract

Economic forecasts are essential tools for monetary policymakers. But behind the numbers of any given forecast, demand- or supply-side factors could be at play, each requiring very different policy responses. For this reason, explains Sandra Pianalto, the president and chief executive officer of the Federal Reserve Bank of Cleveland, in her role as a policymaker it is as important to think about why an economic forecast calls for the economy to head toward a certain point as it is to know what that forecasted point is. These remarks were originally presented to the Cleveland Association for Business Economics on February 13, 2006.

Suggested Citation

  • Sandra Pianalto, 2006. "Economic forecasts and monetary policy," Economic Commentary, Federal Reserve Bank of Cleveland, issue Feb.
  • Handle: RePEc:fip:fedcec:y:2006:i:feb15
    as

    Download full text from publisher

    File URL: https://www.clevelandfed.org/-/media/project/clevelandfedtenant/clevelandfedsite/publications/economic-commentary/2006/ec-20060215-forecasts-and-monetary-policy-pdf.pdf
    File Function: Full Text
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedcec:y:2006:i:feb15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: 4D Library (email available below). General contact details of provider: https://edirc.repec.org/data/frbclus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.