President Pianalto spoke about some of the economic challenges facing the U.S. and explained why the outlook for this year will be strongly influenced by developments in the housing and financial markets. She described some forces that will lead us into economic recovery. She also discussed the...

President Pianalto began by sharing her views on how financial innovation has reshaped the mortgage market over the past few decades. She spoke about the promises and pitfalls of that innovation and about how the current situation in the mortgage market has unfolded. Finally, she described ideas...

In a speech at a Global Interdependence Center (GIC) conference in Paris, France, Sandra Pianalto, president and CEO, Federal Reserve Bank of Cleveland, explains how global price pressures can increase the complexity of formulating monetary policy.

Tonight, I will talk about a subject that I am sure is on all of our minds - renewing our region's economy. I will comment on the economic transitions we are facing in Northeast Ohio, and I will discuss the critical role that education can play in reinvigorating our region.

President Pianalto spoke of her perspective on the economy and inflation. She explained how some critical assumptions affect her economic projections and talked about the role that inflation expectations play in the current environment.

I remain convinced that low and stable inflation rates will help us prosper as a nation. I hope that my remarks will help to dispel some of the mystery surrounding the Federal Reserve and help you to better understand our commitment to price stability and maximum sustainable growth.

President Pianalto first explains why maintaining price stability requires keeping inflation expectations low and secure. Second, she describes some inflationary risks that may become significant down the road. Finally, she discusses why, in the face of these risks, central banks' ability to...

President Pianalto spoke about some of the economic challenges that are facing both the U.S. economy and the regional economy. She described some forces that will lead us into economic recovery. She also discussed the Federal Reserve’s strategy for dealing with the challenges we are facing.

I want to explain some of the factors that I believe have shaped current policy decisions and some of the economic signposts I am watching for on the horizon. I will begin with some perspectives on the goals and direction of monetary policy. Then I will describe how we as a nation are...

I will begin with some background on how we make monetary policy decisions. Next, I will explore how our economy's performance is influencing the Federal Reserve's monetary policy decisions. Finally, I will discuss how clear communications can factor into the policymaking process.