Presented at the Annual Dealmakers Event, San Diego, California.

Remarks before the Greater Houston Partnership, Houston, Texas, September 1, 2010 ; "If the fiscal and regulatory authorities are able to dispel the angst that they are reportedly causing, further accommodation may not be needed because the liquidity that has been built up on corporate balance...

Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia, Swiss National Bank Monetary Policy Conference, Zurich, Switzerland, September 24, 2010

In this paper the author discusses the possibility that the U.S. economy may become enmeshed in a Japanese-style deflationary outcome within the next several years. To frame the discussion, the author relies on an analysis that emphasizes two possible long-run steady states for the economy: one...

Remarks before Economic Club of Minnesota, Minneapolis, Minnesota, October 7, 2010 ; "There is a great deal of legitimate debate still to take place within the FOMC on the subject of quantitative easing and the pros and cons and costs and benefits of further monetary accommodation. Whatever we...

Remarks before the Vancouver Board of Trade, Vancouver, British Columbia, October 1, 2010 ; "Without exception, all the business leaders I interview cite nonmonetary factors--fiscal policy and regulatory constraints or, worse, uncertainty going forward--and better opportunities for earning a...

Remarks for the National Association for Business Economics Panel Discussion at the 2006 Allied Social Science Associations Meeting, Boston, Massachusetts, January 6, 2006 ; "By spurring productivity and fomenting tectonic economic changes, globalization has acted as a tailwind for the...

Remarks before the New York Association for Business Economics, New York, N.Y., October 19, 2010 ; "So. what will we likely decide at the next FOMC meeting? As with the American League championship, you'll find out when it's over and only then."

This article was originally presented as the Homer Jones Memorial Lecture, organized by the Federal Reserve Bank of St. Louis, St. Louis, Missouri, April 1, 2010.