Today Bernanke held his speech at the Cato Institute 25th Annual Monetary Conference, Washington, D.C..
The text of the speech is here:
http://www.federalreserve.gov/newsevents/speech/bernanke20071114a.htm
Main significant topics:
- New Fed Strategy Doesn't Include Inflation Target;
- Inflation Target `May Be Less Well Suited` To Fed
- To Extend Forecast Horizon To 3 Yrs From 2 Yrs
- Inflation Forecasts Include Headline, Core PCE
- Forecasts Include 'Narrative' explaining Fed Views
- First Set Of Forecasts To Be Released Next Week
- To Publish GDP, Inflation Forecasts Quarterly
but where can we find the transcripts of the Q&A session?
The text of the speech is here:
http://www.federalreserve.gov/newsevents/speech/bernanke20071114a.htm
Main significant topics:
- New Fed Strategy Doesn't Include Inflation Target;
- Inflation Target `May Be Less Well Suited` To Fed
- To Extend Forecast Horizon To 3 Yrs From 2 Yrs
- Inflation Forecasts Include Headline, Core PCE
- Forecasts Include 'Narrative' explaining Fed Views
- First Set Of Forecasts To Be Released Next Week
- To Publish GDP, Inflation Forecasts Quarterly
but where can we find the transcripts of the Q&A session?