At the Jackson Hole Economic Symposium, President John C. Williams discussed with CNBC’s Steve Liesman that raising the benchmark interest rate in summer 2015 is a “reasonable guess,” and the decision will be data-dependent and gradual. He also talked about wage and productivity growth and improvements across a broad set of economic indicators. More
Posted September 8, 2014
Does the public underappreciate how short-term interest rates may vary with future news about the economy? Evidence from surveys, market expectations, and model estimates suggest the public expects more accommodative policy than FOMC participants, and may be less uncertain about these forecasts than policymakers.
Posted August 18, 2014
Michael Bauer, economist at the Federal Reserve Bank of San Francisco, states his views on the current economy and the outlook.
Posted July 16, 2014
Opening remarks to the Los Angeles Unite for Veterans Summit
Los Angeles , California
Posted September 3, 2014
Summary of Commentary on Current Economic Conditions by Federal Reserve District
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