The 12 'Fed Listens'
Peter HooperFor the first time ever the Fed is undertaking a thorough academic review of its policy strategy, tools, and communication practices.
For the first time ever the Fed is undertaking a thorough academic review of its policy strategy, tools, and communication practices. The reviewers are some 30 academic experts on monetary policy and macroeconomics. Listen to Peter Hooper, Global Head of Economic Research, discussing the background to the review, the low-rate monetary policy and what a downturn could mean for financial stability.
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