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Journal Article
A perspective on monetary policy
Sandra Pianalto is the president and chief executive officer of the Federal Reserve Bank of Cleveland. This Commentary contains the text of her remarks to the Forecaster?s Club of New York on April 22, 2004.
Speech
Universities, innovation and economic growth, presentation at the Conference on Universities, Innovation and Economic Growth, Federal Reserve Bank of Cleveland, November 17, 2006
Economists at our Bank have concluded that differences in state income levels over the past 75 years can be explained mostly by two factors: innovation and education. In simple terms, those states that enhance their knowledge base are the ones that are likely to prosper in the future.
Speech
Globalization and monetary policy, speech presented at a Global Interdependence Center (GIC) conference in Paris, France on May 13, 2008
In a speech at a Global Interdependence Center (GIC) conference in Paris, France, Sandra Pianalto, president and CEO, Federal Reserve Bank of Cleveland, explains how global price pressures can increase the complexity of formulating monetary policy.
Speech
Steps toward a new financial regulatory architecture, speech presented on Ohio Bankers' Day, Columbus, Ohio April 1, 2009
President Pianalto discusses the economic outlook and the Federal Reserve?s recent actions, commenting on changes to the financial regulatory system. She makes the case for a new framework for categorizing financial institutions based on the degree of risk they pose to the financial system, adding her endorsement to what some have called macroprudential supervision.
Speech
A policymaker's perspective on monetary policy and the economy, presentation to the Southwest Florida Speakers Assembly, Bonita Springs, Florida, February 9, 2007
I remain convinced that low and stable inflation rates will help us prosper as a nation. I hope that my remarks will help to dispel some of the mystery surrounding the Federal Reserve and help you to better understand our commitment to price stability and maximum sustainable growth.
Speech
Reflections on the mortgage market, presentation to the Neighborhood Housing Services of Greater Cleveland Annual Luncheon, Cleveland, Ohio, February 8, 2008
President Pianalto began by sharing her views on how financial innovation has reshaped the mortgage market over the past few decades. She spoke about the promises and pitfalls of that innovation and about how the current situation in the mortgage market has unfolded. Finally, she described ideas that have been proposed to protect consumers while preserving the availability of mortgage credit.
Speech
National and regional economic conditions, presentation to the Dayton Business Journal Economic Forum, Sinclair Community College, Dayton, Ohio, January 18, 2007
Cleveland Fed President Pianalto discusses monetary policy and economic conditions, both nationally and regionally. Mindful of the risks in the housing sector and inflation that she identifies, she expects that the new year (2007) will bring our nation's economy continued growth.
Speech
Early childhood education and our economic future, presentation to the Conference on Building the Case for Investments in Preschool, The Grand Hyatt Hotel, New York, New York, January 10, 2006
I will focus on why a successful economic future requires us to do a better job of educating our children. By doing so, we will increase labor force skills and productivity, we will spend fewer resources on social programs, and we can sustain better economic policies.
Journal Article
Monetary policy in an interdependent world
While central bankers must focus on delivering price stability and other mandates in their own countries, they must also monitor international developments closely because national trade and financial markets have become increasingly interconnected. Sandra Pianalto, president and chief executive officer of the Federal Reserve Bank of Cleveland, explores how the globalization of financial markets could affect U.S. monetary policy and explains how a commitment to price stability and policy transparency can help monetary policymakers deal with challenging international developments. A version of ...