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Systematic policy and forward guidance

Author

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  • Charles I. Plosser

Abstract

Money Marketeers of New York University, Inc., Down Town Association, March 25, 2014, New York, NY President Charles Plosser discusses the relationship between systematic policy and forward guidance. He explains how understanding both practices can provide insights into effective monetary policy in normal and unusual times, or in extreme conditions when policy is constrained by the zero lower bound on nominal interest rates.

Suggested Citation

  • Charles I. Plosser, 2014. "Systematic policy and forward guidance," Speech 96, Federal Reserve Bank of Philadelphia.
    • Handle: RePEc:fip:fedpsp:96
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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/institutional/speeches/plosser/2014/03-25-14-mmnyu.pdf
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    Keywords

    Monetary policy; Forward guidance; FOMC:;
    All these keywords.

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