Expectations, communications, and monetary policy
Since early 1994, the FOMC has taken many steps toward increasing the amount of information it conveys to the public about its actions. Sandra Pianalto, a Federal Reserve Bank president and FOMC participant, outlines the evolution of increasing transparency in FOMC communications and suggests a way that the process can go further still. This Commentary is taken from Pianalto’s speech to the Money Marketeers in New York City on April 19, 2005.
Volume (Year): (2005)
Issue (Month): Apr ()
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