Remarks at the Central Bank Independence Conference—Progress and Challenges in Mexico, Mexico City, Mexico. …

the model for theoretical and quantitative analyses of policy issues facing modern central banks. …

While the goals that guide monetary policy in different countries are very similar, central banks diverge in their … methods of implementing policy. This study of the policy frameworks of four central banks—the Federal Reserve, the European … Central Bank, the Bank of England, and the Swiss National Bank—focuses on two notable areas of difference. The first is the …