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Williams: The Role of Monetary Policy in Bolstering Economic Growth
Thank you. It’s a pleasure to be here in Salt Lake City. Today, I will talk about the economy, noting some of the welcome improvements we’ve seen lately, as well as some serious threats to the recovery. I’ll have a few words to say about the ongoing European financial crisis and our own budgetary challenges. And I’ll present my forecast for the economy. I’ll end my remarks by discussing the steps the Federal Reserve has taken to bolster economic growth and move our economy towards our congressionally mandated goals of maximum employment and price stability. In particular, I want to explain the moves the ... (full story)
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