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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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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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September 20, 2013. Presentation. "Four Questions for Current Monetary Policy." New York Association for Business Economics, New York, N.Y.
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It is reasonable to believe that output, employment, and inflation will return to their long-run or targeted values slowly and steadily.
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Discussed at the Workshop on Monetary and Macroeconomics. Sponsored by the Federal Reserve Bank of Philadelphia, the Penn Institute of Economic Research, and the International Economic Review.
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November 1, 2013. Presentation. "The Tapering Debate: Data and Tools." Financial Forum, St. Louis Regional Chamber.
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