Board of Governors of the Federal Reserve System

For release on delivery 11:00 a.m. EDT (9:00 a.m. MDT) July 14, 2022 Monetary Policy in a World of Conflicting Data Remarks by Christopher J. Waller

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crisis, the Federal Reserve has pursued a highly accommodative monetary...responses to changing differentials between rates of return abroad and

response to adverse shocks, given that the effective lower bound (ELB)...crisis. Assessing the Adequacy of the FOMC’s Tools Using Model Simulations

response facilities, which were adapted after hearing their input. Other

response to changes to their economic outlooks and to their judgments ...crisis. Finally, the Committee affirmed in June that changing the target

responses to FOIA requests.”4 Finally, the Obama FOIA memorandum reminds...response requirement, is appropriate as it is consistent with the statutory

response while applications filed pursuant to section 3(a)(3) or section...response, including the time to gather and maintain data in the required

Responses were received from 64 domestic banks and 20 U.S. branches and...responses were due by January 9, 2024. Unless otherwise indicated, this

crisis, the Mexican peso crisis, and the East Asian financial crisis, ...crisis and, more recently, the euro crisis have reminded us that no economy