Lorie Logan, Interview: Atlanta Fed Financial Markets Conference, Panel Discussion

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“Financial conditions can sometimes deteriorate nonlinearly, doing damage to the broader economy, but the risk of a nonlinear reaction can be mitigated by raising interest rates in smaller, less frequent steps.”

“The restrictiveness of monetary policy comes from the entire policy strategy. How fast rates rise, the level they reach, the time spent at that level and the factors that determine further increases or decreases.”

Atlanta Fed’s Financial Markets Conference is the Atlanta Fed’s signature policy and research event. The conference convenes leading experts to discuss emerging financial market issues and their monetary policy implications.