Monetary Policy in a Lower Interest Rate Environment
Bernanke, Ben, 2005, “The global saving glut and the U.S. current account deficit,” remarks of Federal Reserve Governor at the Sandridge Lecture, Virginia Association of Economists, Richmond, VA, March 10.
Evans, Charles L., 2016, “Reflections on the current monetary policy environment,” speech by Chicago Fed president at Global Interdependence Center, London, June 3.
Federal Open Market Committee, 2016a, Summary of Economic Projections, Washington, DC, September 21.
Federal Open Market Committee, 2016b, press release, Washington, DC, September 21.
Federal Open Market Committee, 2016c, “Statement on longer-run goals and monetary policy strategy,” Washington, DC, as amended effective January 26.
Federal Open Market Committee, 2012a, press release, Washington, DC, January 25.
Federal Open Market Committee, 2012b, Summary of Economic Projections, Washington, DC, January 25.
Greenspan, Alan, 2005, testimony of the Federal Reserve Chairman before the U.S. Senate, Committee on Banking, Housing and Urban Affairs, Washington, DC, February 16.
International Monetary Fund, 2016, “Uncertainty in the aftermath of the U.K. referendum,” World Economic Outlook Update, Washington, DC, July 19.
International Monetary Fund, 2015, “Where are we headed? Perspectives on potential output,” in World Economic Outlook: Uneven Growth — Short- and Long-Term Factors, Washington, DC, April, pp. 69–110.
International Monetary Fund, 2013, “Growing pains,” World Economic Outlook Update, Washington, DC, July 9.
Kitsul, Yuriy, and Jonathan H. Wright, 2013, “The economics of options-implied inflation probability density functions,” Journal of Financial Economics, Vol. 110, No. 3, December, pp. 696–711.
Powell, Jerome H., 2016, “Recent economic developments, monetary policy considerations and longer-term prospects,” remarks of Federal Reserve Governor at the Chicago Council on Global Affairs, Chicago, June 28.
Rachel, Lukasz, and Thomas D. Smith, 2015, “Secular drivers of the global real interest rate,” Bank of England, staff working paper, No. 571, December.
Yellen, Janet, 2016a, transcript of Federal Reserve Chair press conference, Washington, DC, June 15.
Yellen, Janet, 2016b, speech by Federal Reserve Chair at the World Affairs Council of Philadelphia, Philadelphia, June 6.