Journal Article

Expectations, communications, and monetary policy

Abstract: Since early 1994, the FOMC has taken many steps toward increasing the amount of information it conveys to the public about its actions. Sandra Pianalto, a Federal Reserve Bank president and FOMC participant, outlines the evolution of increasing transparency in FOMC communications and suggests a way that the process can go further still. This Commentary is taken from Pianalto?s speech to the Money Marketeers in New York City on April 19, 2005.

Keywords: Federal Open Market Committee; Monetary policy;

Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 2005

Issue: Apr

Order Number: 2