Monetary policy and the economic outlook, keynote address at the Pittsburgh Business Times 2006 CFO of the Year Awards, Pittsburgh, PA, November 6, 2006
I want to explain some of the factors that I believe have shaped current policy decisions and some of the economic signposts I am watching for on the horizon. I will begin with some perspectives on the goals and direction of monetary policy. Then I will describe how we as a nation are transitioning to a slower pace of economic growth. Finally, I will talk about some of the risks that I see to our economic outlook.
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Article provided by Federal Reserve Bank of Cleveland in its journal Speech.