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Last Updated: 04/05/16

The Implications of Slow Growth for Monetary Policy

A speech delivered on April 5, 2016, at the Credit Suisse Asian Investment Conference in Hong Kong.


Aaronson, Daniel, and Daniel G. Sullivan, 2002, “Growth in worker quality,” Chicago Fed Letter, Federal Reserve Bank of Chicago, No. 174, February.

Board of Governors of the Federal Reserve System, 2015, “What were the Federal Reserve's large-scale asset purchases?,” Current FAQs, December 22.

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Fernald, John G., 2014, “Productivity and potential output before, during and after the Great Recession,” Federal Reserve Bank of San Francisco, working paper, No. 2014-15, June 

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