Uncertainty Secrets Unveiled: How Monetary Policymaking Evolved Over Decades to Navigate Uncertain Times
Washington, DC – Federal Reserve Board member Matteo commended the audience at the 13th International Research Forum on Monetary Policy, emphasizing the importance of understanding uncertainty in monetary policy decisions. Reflecting on the challenges faced during the pandemic, Matteo highlighted the significance of grasping the sources of uncertainty for effective policymaking. Discussing the evolution of economic thinking on monetary policy amid uncertainty, Matteo drew attention to the 1960s to 1980s era marked by the Keynesian …