Speech by Laurence Meyer of the Federal Reserve

SPEECH - Remarks by Governor Laurence H. Meyer of the Federal Reserve Board before the National Association of Business Economics, St. Louis, Missouri, 27 November.

Before and After

To promote macroeconomic stability, monetary policy must respond to changing economic conditions. On that premise, I always start my thinking about monetary policy by identifying what I like to call the outlook context. Is inflation likely to be stable, or will it rise or fall? Is the economy losing momentum rapidly or

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