Board of Governors of the Federal Reserve System

investors, but who later stumble because the execution of that strategy...expectations. While the reasons for shortfalls can occur for many reasons

policies—variants of PLT, AIT, shadow rate or ex ante bias reduction policies—do...expectations, and the need for agents to learn about how any alternative

expectations. Thus, it is all the more important that longer-run inflation...expectations remain anchored at levels consistent with our 2 percent inflation

Policy Tool: Some Design Considerations Josh Frost, Lorie Logan, Antoine...investors, including nonbank institutions that are significant lenders

expectations and persistent slack in labor markets. Over the second half...expectations well anchored, the FOMC projected that inflation would remain

investors from bearing the credit risk on, for example, corporate bonds...policy. That is, easier monetary policy leads to increased vulnerability

policy issues of recent corporate control failures. Today I want to focus...surrounding operating risk in a few moments. Market risk arguably has

expectations of future inflation would rise, a symptom of a loss of credibility...policy and do not provide the best incentives for effective monetary policy

Expectations Danilo Cascaldi-Garcia, Francesca Loria, and David López-Salido1...policy in the far future. To be more precise, we use this statistical

Policy, Economic Performance, and Lessons for Banking Regulation Remarks...policy and the economy and on how this past experience can inform the