Summary of The U.S. Monetary Policy Outlook and its Global Implications

Remarks at the Bloomberg Americas Monetary Summit, New York City, April 20, 2015

Federal Reserve Bank of New York,

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The U.S. Monetary Policy Outlook and its Global Implications  summary
The Federal Reserve must minimize disruption as much as possible as it transitions to a less accommodative monetary policy.

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America’s economy has been steadily emerging from the rubble of the Great Recession, but ongoing low rates of growth, employment and inflation signify there’s more work to do. Federal Reserve Bank of New York president William C. Dudley outlines his views on the job ahead for the US central bank as it approaches “normalization” in monetary policy in 2015. getAbstract believes that his tempered but upbeat assessment of the US economic outlook, as well as his thoughts on the global impacts of changing Fed monetary policy, are required reading for investors, executives and Fed watchers.

In this summary, you will learn

  • How America’s economy is recovering
  • How the Federal Reserve will implement changes to monetary policy
  • How those changes could affect emerging market economies
 

Summary

Economic recovery in the United States continues, albeit at a slow pace, with unemployment still high, inflation still low and growth – at an annualized 2.3% since 2009 – still sluggish. Yet the outlook for 2015 and beyond is positive, given that households have substantially paid down their debt, the...
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About the Author

William C. Dudley is president and CEO of the Federal Reserve Bank of New York.


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    Jorge Mario Restrepo Uribe 1 year ago
    Buen resumen de lo que puede pasar con la política monetaria en los s Estados Unidos. Todo dependerá de datos de empleo e inflación.

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