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Making monetary policy: rules, benchmarks, guidelines, and discretion: remarks at the Federal Reserve Bank of Boston's 61st Economic Conference, Boston, Massachusetts, October 13, 2017

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  • Eric Rosengren

Abstract

Boston Fed President Eric Rosengren weighed in on a longstanding debate: Should monetary policymakers adhere to a rules?based approach, as recent legislation would suggest? Or should they be able to determine how best to achieve the outcomes mandated by Congress (maximum sustainable employment and stable prices)?

Suggested Citation

  • Eric Rosengren, 2017. "Making monetary policy: rules, benchmarks, guidelines, and discretion: remarks at the Federal Reserve Bank of Boston's 61st Economic Conference, Boston, Massachusetts, October 13, 2017," Speech 123, Federal Reserve Bank of Boston.
    • Handle: RePEc:fip:fedbsp:123
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