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Keywords:Monetary policy 

Whose Wages Are Falling Behind the Least amid Surging Inflation?

For a majority of workers, wages didn’t increase as fast as inflation in the 12 months ended in second quarter 2022. Here, we dig deeper to see how outcomes may have differed across groups of workers.
Dallas Fed Economics

Journal Article
On the rotation of the earth, drunken sailors, and exchange rate policy

A growing number of observers seem to believe that official foreign exchange intervention offers a useful tool for managing the dollar?s descent. In particular situations, official transactions can sometimes produce temporary changes in exchange rates, but intervention does not permit countries to avoid or substantially modify trends in the movements of their exchange rates. At best, intervention is of very limited value.
Economic Commentary , Issue Feb

Conference Paper
Optimal monetary policy inertia

Proceedings

Journal Article
Financial innovation and monetary policy

Federal Reserve Bulletin , Issue Jul , Pages 393-400

Journal Article
Measuring the Stance of Monetary Policy on and off the Zero Lower Bound

Taeyoung Doh and Jason Choi propose a new ?shadow? short-term interest rate to measure the stance of policy when the federal funds rate was constrained by the zero lower bound.
Economic Review , Issue Q III , Pages 5-24

Conference Paper
The Fed at seventy-five

Proceedings

Speech
A singular achievement of recent monetary policy

September 20, 2012. Presentation. "A Singular Achievement of Recent Monetary Policy." Presented at Theodore and Rita Combs Distinguished Lecture Series in Economics, University of Notre Dame.
Speech , Paper 204

Report
Money demand, transactions proxies, and the effects of fiscal policies in open economies

Research Paper , Paper 8602

Speech
Sound monetary policy for good times and bad: a speech at the Merk Investments/Stanford SIEPR Panel, Stanford University, Palo Alto, California, October 20, 2009

Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia Merk Investments/Stanford SIEPR Panel, Stanford University, Palo Alto, California, October 20, 2009
Speech , Paper 29

Journal Article
Rediscovering the value of honest money

Economic Insights , Volume 1 , Issue 1 , Pages 1

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