U.S. Economic Outlook and Implications for Monetary Policy

Friday, September 28, 2018

Welcome and workshop overview

Session 1: Impact of reductions on reserves

• Facilitator: Lorie Logan, New York Fed
• Arvind Krishnamurthy, Stanford Graduate School of Business
• Cornelia Holthausen, European Central Bank
• Terry Belton, JPMorgan Chase

Lunch

Session 2: Role of money markets

• Facilitator: Patricia Mosser, Columbia SIPA
• Gary Gorton, Yale School of Management
• Seiichi Shimizu, Bank of Japan
• Zach Pandl, Goldman Sachs

Session 3: Considerations for future implementation frameworks

• Facilitator: Thomas Laubach, Federal Reserve Board
• Willem Buiter, Citigroup
• Paul Fisher, former Bank of England
• Jim Hamilton, University of California, San Diego

Keynote Speech: Normal Monetary Policy in Words and Deeds

• John Williams, President and CEO, New York Fed (speech)

Reception