The Fed’s review of its monetary policy strategy - and what Brookings’ scholars have to say about it
- August 12, 2020
- Eric Swanson, economics, Brookings, Aug. 12, 2020
Monetary policy at the effective lower bound. By Kristin J. Forbes (MIT-Sloan School),
James Hamilton (University of California, San Diego), Eric T. Swanson (University
of California, Irvine), and Janet L. Yellen (Brookings Institution). Former Fed Chair
Janet L. Yellen, in a symposium with the authors of three papers presented at the
Fall 2018 BPEA conference, discusses what monetary policymakers should do when interest
rates approach the effective lower bound and what the lower bound could mean for their
ability to set monetary policy.
For the full story, please visit https://www.brookings.edu/blog/up-front/2020/08/12/the-feds-review-of-its-monetary-policy-strategy-and-what-brookings-scholars-have-to-say-about-it/.