The Steps for the FOMC to Return to Normal Monetary Policy
The Federal Open Market Committee’s plan for moving the stance of monetary policy and the Federal Reserve’s securities holdings back toward normal has drawn considerable attention. In this video, Vice President and Economist Stephen Williamson of the St. Louis Fed discussed the intended steps outlined by the Federal Open Market Committee to return policy to normal when the appropriate time comes.1
Notes and References
1 See http://www.federalreserve.gov/newsevents/press/monetary/20140917c.htm.
Additional Resources
- Dialogue with the Fed: Monetary Policy Normalization: What’s New? What’s Old? How Does It Matter?
- Review: Monetary Policy Normalization in the United States
- On the Economy: What Matters More for Business Cycles: Global or Regional Factors?
Citation
ldquoThe Steps for the FOMC to Return to Normal Monetary Policy,rdquo St. Louis Fed On the Economy, July 7, 2015.
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