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Federal Reserve Bank of Cleveland President Mester Issues Remarks at Bank of Japan-Institute for Monetary & Economic Studies Conference
May 30, 2024
CLEVELAND, Ohio, May 30 -- The Federal Reserve Bank of Cleveland issued the following remarks on May 28, 2024, by President and CEO Loretta J. Mester at the Bank of Japan-Institute for Monetary and Economic Studies conference:

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In the brief time allotted for my prepared remarks, I will discuss forward guidance. My basic point will be that the effectiveness of forward guidance as a policy tool in extraordinary times can be enhanced by improving monetary policy commu . . .

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