Presentation to the Financial Women’s Association, San Francisco, CA, January 15, 2009

Presentation to the Financial Women’s Association, San Francisco, CA, January 15, 2009

Presentation to the Forecasters Club of New York, March 25, 2009

Presentation to the Burnham-Moores Center for Real Estate School of Business Administration, University of San Diego, San Diego, CA, February 22, 2010

Presentation to the Forecasters Club of New York, March 25, 2009

Presentation to the Burnham-Moores Center for Real Estate School of Business Administration, University of San Diego, San Diego, CA, February 22, 2010

In a speech at Xavier University in Cincinnati, Ohio, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto discussed why the economic outlook is so important to the monetary policymaking process and what goes into economic forecasting. She also shared her economic outlook.

In a speech at Xavier University in Cincinnati, Ohio, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto discussed why the economic outlook is so important to the monetary policymaking process and what goes into economic forecasting. She also shared her economic outlook.

The U.S. economy appears to have experienced a pronounced shift toward higher productivity over the last five years or so. We wish to understand the implications of such shifts for the structure of optimal monetary policy rules in simple dynamic economies. Accordingly, we begin with a standard...