It is a pleasure to be here to honor the legacy of Bennett McCallum by discussing his work on monetary policy. Over the years, I was fortunate to cross paths with Ben several times—from when I was a young academic economist to when I was research director at the Federal Reserve Bank of St. Louis. But, like many of you, most of my exposure to Ben McCallum's thinking has consisted of reading, and learning from, his writings on monetary policy. Ben was an influential researcher who focused on a number of topics that are key to monetary policy, some of them highlighted in today's panel sessions, including policy rules, ... (full story)