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Finding Normal: Natural Rates and Policy Prescriptions

Posted July 6, 2015

Over the past several years, the FOMC’s longer-run forecasts of the short-term interest and unemployment rates have steadily declined. The forecasts reflect FOMC views about the rates that will eventually prevail when the economy returns to normal. A simple monetary policy rule shows how these declines can imply a lower projected path for the policy rate.

Data Is the New Black: Monetary Policy by the Numbers

Data Is the New Black: Monetary Policy by the Numbers

Posted June 19, 2015

Presentation to NBER East Asia Seminar on Economics
San Francisco, California


FedViews: June 11, 2015

Posted June 19, 2015

Fernanda Nechio, senior economist at the Federal Reserve Bank of San Francisco, states her views on the current economy and the outlook.

FOMC Statement

Posted June 17, 2015

Federal Reserve issues FOMC statement

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