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Monetary Policy and Productivity: Promoting Growth vs. Stabilizing Prices

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Abstract

St. Louis Fed President Alberto Musalem delivered a speech titled "Monetary Policy and Productivity: Promoting Growth vs. Stabilizing Prices," in which he discussed the possibility that monetary policy doesn't merely respond to productivity growth but helps determine it. He examined pros and cons of pursuing easier-than-warranted monetary policy in an effort to foster productivity growth. He spoke at the Centro de Debate de Políticas Públicas (Center for Public Policy Debate) in São Paulo, Brazil. Following his speech, he participated in a Q&A moderated by Mário Mesquita.

Suggested Citation

  • Alberto G. Musalem, 2026. "Monetary Policy and Productivity: Promoting Growth vs. Stabilizing Prices," Speech 103613, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:fedlps:103613
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    References listed on IDEAS

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