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Last Updated: 11/12/15

A Cautious Approach to Monetary Policy Normalization


Board of Governors of the Federal Reserve System, 2015a, “How does forward guidance about the Federal Reserve's target for the federal funds rate support the economic recovery?,” Current FAQs, October 28.

Board of Governors of the Federal Reserve System, 2015b, “What are the Federal Reserve's large-scale asset purchases?,” Current FAQs, October 28.

Evans, Charles L., 2015a, “Exercising caution in normalizing monetary policy,” speech, Swedbank Global Outlook Summit, Stockolm, May 18.

Evans, Charles L., 2015b, “Risk management in an uncertain world,” speech, Official Monetary and Financial Institutions Forum, London, March 25.

Evans, Charles L., 2015c, “Low inflation calls for patience in normalizing monetary policy,” speech, Lake Forest-Lake Bluff Rotary Club, Lake Forest, IL, March 4.

Evans, Charles L., 2014a, “Monetary policy normalization: If not now, when?,” speech, BMO Harris and Lakeland College Economic Briefing, Plymouth, WI, October 8.

Evans, Charles L., 2014b, “Is it time to return to business-as-usual monetary policy? A case for patience,” speech, 56th National Association for Business Economics (NABE), Chicago, September 29.

Evans, Charles L., 2014c, “Patience is a virtue when normalizing monetary policy,” speech, Peterson Institute for International Economics Conference, Labor Market Slack: Assessing and Addressing in Real Time, Washington, DC, September 24.

Federal Open Market Committee, 2015a, press release, Washington, DC, October 28.

Federal Open Market Committee, 2015b, Summary of Economic Projections, Washington DC September 17.

Federal Open Market Committee, 2015c, “Statement on longer-run goals and monetary policy strategy,” Washington, DC, as amended effective January 27.

Federal Open Market Committee, 2012, press release, Washington, DC, January 25.

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