Search Results
Speech
Regulatory reform: lessons from the front line, 19th Annual Hyman P. Minsky Conference on the State of the U. S. and World Economies Organized by the Levy Economic Institute of Bard College, New York, New York, April 14, 2010
In a speech at the Minsky Conference on the State of the U.S. and World Economies, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto discussed consolidated supervision, an important, but sometimes overlooked, aspect of regulatory reform. She also described the criteria that she thinks should be used to define systemically important institutions and discussed a framework for ensuring financial firms are effectively supervised based on the risk they pose to the financial system. She concluded with an explanation of why it is vitally important for the Federal Reserve to remain ...
Speech
Current issues in U.S. monetary policy, a speech delivered at the Global Interdependence Center Conference in Rome, Italy on April 7, 2011
In a speech at a Global Interdependence Center conference in Rome, Italy, Federal Reserve Bank of Cleveland President Sandra Pianalto discussed her outlook for U.S. economic growth and inflation, and the implications of that outlook for U.S. monetary policy.
Speech
My perspective on current monetary policy, a speech presented at Case Western Reserve University, Cleveland, Ohio, on November 18, 2010
In a speech at Case Western Reserve University, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto discussed how the recovery is unfolding, focusing on the stubborn nature of high unemployment and her concern about our uncomfortably low rate of inflation. She also explained why she supported the Fed's decision to purchase additional Treasury securities.
Speech
REO and vacant property strategies for neighborhood stabilization: Reserve Bank Presidents’ perspective, a speech presented at the Neighborhood Stabilization Summit in Washington, D.C. on September 2, 2010
In a speech at the REO and Vacant Property Strategies for Neighborhood Stabilization Summit, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto discussed the weak housing market in her region and some of the ideas that have emerged from the Bank's research and outreach efforts related to the housing crisis. She concluded by describing a new proposal to use the Community Reinvestment Act's flexibility to channel more resources to REO disposition.
Speech
Housing and the Federal Reserve, a speech presented to the Ohio Housing Finance Agency and Ohio Capital Corporation for Housing, Ohio Housing Conference 2009, Columbus, OH, November 17, 2009
In remarks at an Ohio Housing Conference, Federal Reserve Bank of Cleveland President Sandra Pianalto discussed the actions taken by the Federal Reserve to put the economy on the road to recovery, ensure the safety of the financial sector, and to protect consumers and borrowers.
Speech
After the storm, a speech presented to the Bonita Springs Chamber of Commerce Market Pulse, Florida Gulf Coast University, Fort Myers, Florida, March 25, 2010
In a speech today to business leaders in Fort Myers, Florida, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto shared her economic outlook and discussed some significant headwinds that she expects will limit the rate of growth in the US for the next couple of years. She also discussed how the Federal Reserve is conducting monetary policy to help navigate through these challenging times.
Conference Paper
Conference overview and welcoming address
Journal Article
Monetary policy with humility
When the economy slows, monetary policymakers face pressure to deviate from their longer-term goals to address short-term problems. This Commentary argues that the Fed must stay focused on the long term?maintaining the stable purchasing power of the dollar. The Commentary is adapted from a speech delivered by Sandra Pianalto, first vice president of the Federal Reserve Bank of Cleveland, to the Association for Corporate Growth in March 2001.
Report
Maximum employment: what we know (and don’t know) about the labor market
Developing issues in the labor market are clouding the outlook for both the unemployment rate and the natural rate of unemployment over the next few years. Both rates at their current levels clearly argue for providing an accommodative monetary policy, as long as inflation remains consistent with the Federal Open Market Committee?s price stability objective. ; During the next few years, I expect that our economy will continue to grow, that unemployment will decline, and that inflation will average about 2 percent. Monetary policy will need to be adjusted in response to incoming data that may ...
Journal Article
A national voice, a regional view
Sandra Pianalto, president and chief executive officer of the Federal Reserve Bank of Cleveland, discusses the way the Federal Reserve System ensures that different regions of the country are represented in making monetary policy, describes the way our economy is changing, and suggests some ways the nation can meet economic challenges ahead. This Commentary is adapted from her remarks to the City Club of Cleveland on March 5, 2004.