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Federal Reserve Bank of Minneapolis: "The Optimal Monetary Policy Response to Tariffs"
March 19, 2025
MINNEAPOLIS, Minnesota, March 19 (TNSres) -- The Federal Reserve Bank of Minneapolis issued the following Economic Research white paper (No. 810) on March 7, 2025, by Javier Bianchi and Louphou Coulibaly entitled "The Optimal Monetary Policy Response to Tariffs

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Here are excerpts:

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What is the optimal monetary policy response to tariffs? This paper explores this question within an open-economy New Keynesian model and shows that . . .

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