Speech by Federal Reserve Governor Ed Gramlich

SPEECH - Remarks by Federal Reserve Governor Edward M. Gramlich at the New Technologies and Monetary Policy International Symposium, Bank of France, Paris, France, 30 November.

Asset Prices and Monetary Policy

During the past several years, changes in asset prices have attracted considerable attention from the public, from economic researchers, and from monetary policymakers. That attention is well deserved: Recent changes in asset valuations have been enormous, and they appear to have had

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