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After the current quantitative easing program ends, it would be natural for the FOMC to put monetary policy on hold.
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Presentation to the Rotary Club of Seattle, Seattle, Washington, September 6, 2011
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August 15, 2013. Presentation. "An Update on the Tapering Debate." Louisville, Kentucky.
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August 2, 2013. Presentation. "The Tapering Debate." 2013 Municipal Finance Conference, Boston, Massachusetts
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The zero lower bound on nominal interest rates began to constrain many central banks’ setting of short-term interest rates in late 2008 or early 2009. According to standard macroeconomic models, this should have greatly reduced the effectiveness of monetary policy and increased the efficacy of...
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Presentation to community leaders, Salt Lake City, Utah, November 2, 2012
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Presentation to Portland community leaders, Portland, OR. July 12, 2012
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Presentation to Seattle-Area community leaders, Bellevue, WA, June 6, 2012
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September 20, 2013. Presentation. "Four Questions for Current Monetary Policy." New York Association for Business Economics, New York, N.Y.
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Panel discussion at the NBER Conference, Boston, Massachusetts, October 18, 2013
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