Federal Reserve monetary policy framework

E259064

The Federal Reserve monetary policy framework is the set of goals, principles, and tools that guide the U.S. central bank’s decisions on interest rates and money supply to promote stable prices, maximum employment, and sustainable economic growth.

All labels observed (3)

How this entity was disambiguated

Statements (57)

Predicate Object
instanceOf macroeconomic policy regime ⓘ
monetary policy framework ⓘ
appliesTo Federal Reserve System ⓘ
articulatedBy Federal Open Market Committee ⓘ
articulatedIn Statement on Longer-Run Goals and Monetary Policy Strategy ⓘ
basedOn Federal Reserve Act ⓘ
country United States ⓘ
goal financial stability ⓘ
maximum employment ⓘ
moderate long-term interest rates ⓘ
price stability ⓘ
sustainable economic growth ⓘ
governs FOMC policy decisions ⓘ
guidedBy dual mandate ⓘ
includesConcept Phillips curve ⓘ
average inflation over time ⓘ
flexible inflation targeting ⓘ
inflation expectations ⓘ
maximum employment as a broad-based and inclusive goal ⓘ
monetary policy transmission mechanism ⓘ
natural rate of unemployment ⓘ
neutral interest rate ⓘ
output gap ⓘ
risk management approach ⓘ
symmetric inflation objective ⓘ
includesFeature communication strategy through FOMC statements and projections ⓘ
data-dependent decision-making ⓘ
explicit longer-run inflation goal of 2 percent ⓘ
flexible approach to achieving maximum employment ⓘ
forward-looking orientation ⓘ
use of a wide range of economic indicators ⓘ
influences credit conditions ⓘ
economic growth ⓘ
employment level ⓘ
inflation rate ⓘ
long-term interest rates ⓘ
money supply ⓘ
short-term interest rates ⓘ
notableRevisionYear 2012 ⓘ
2020 ⓘ
reviewedBy Federal Open Market Committee ⓘ
subjectTo periodic review ⓘ
timeHorizon medium term ⓘ
usesTool balance sheet policy ⓘ
discount window lending ⓘ
federal funds rate target ⓘ
forward guidance ⓘ
interest on reserve balances ⓘ
large-scale asset purchases ⓘ
maturity extension program ⓘ
open market operations ⓘ
overnight reverse repurchase agreements ⓘ
quantitative easing ⓘ
quantitative tightening ⓘ
reserve requirements ⓘ
standing repo facility ⓘ
standing reverse repo facility ⓘ

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Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Full Employment and Balanced Growth Act of 1978 → relatedTo → Federal Reserve monetary policy framework ⓘ
Federal Reserve monetary policy framework → articulatedIn → Statement on Longer-Run Goals and Monetary Policy Strategy ⓘ
linked to: Federal Reserve monetary policy framework
Allan H. Meltzer → hasWrittenOn → Federal Reserve policy ⓘ
linked to: Federal Reserve monetary policy framework