Role of FRB
Monetary policy rules
Monetary policymakers consider a wide range of information on current economic conditions and the outlook before deciding on a policy stance they deem most likely to foster the FOMC's statutory mandate of maximum employment and stable prices.
They also routinely consult monetary policy rules that connect prescriptions for the policy interest rate with variables associated with the dual mandate.
The use of such rules requires careful judgments about the choice and measurement of the inputs into these rules as well as the implications of the many considerations these rules do not take into account.
FRB: Testimony--Yellen, Semiannual Monetary Policy Report to the Congress--February 24, 2015 http://t.co/fQnfXcqNjw— Houstonomics (@Houstonomics) February 24, 2015
[FRB] Federal Reserve Board to publish Monetary Policy Report to the Congress on July 7 https://t.co/2VczRzwGWc— EUROSELLER (EN) (@euroseller_en) June 29, 2017
Posible subidas de interes antes de fin de año FRB: Testimony--Yellen, Semiannual Monetary Policy Report http://t.co/946idlMAdz— inbestMe (@inbestMeCom) July 15, 2015