Cleveland Fed's Pianalto on monetary policy

In a speech on 'A perspective on monetary policy' given on 22 April Sandra Pianalto of the Federal Reserve Bank of Cleveland said central banks can be more effective when they act as systematically and transparently as they can. Systematic and transparent behaviour can easily accommodate extraordinary actions in extraordinary times.

"At all times, the Federal Reserve has the responsibility to explain what it is doing, why, and how its actions are consistent with its long-term objectives. I hope

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.