2015 US Monetary Policy Forum

February 27, 2015 – New York

This annual conference brings together academics, market economists, and policy makers. The conference is sponsored by the Initiative on Global Markets at the University of Chicago Booth School of Business.

Program

The conference began with the 2015 report titled "The Equilibrium Real Funds Rate: Past, Present and Future" presented by James Hamilton (UC San Diego), Ethan Harris (Bank of America), Jan Hatzius (Goldman Sachs), and Kenneth West (Wisconsin).

The report was discussed by the following:

• William Dudley, President, Federal Reserve Bank of New York (view comments)
• Loretta J. Mester, President, Federal Reserve Bank of Cleveland (view comments)

The conference keynote speech was given by Ben S. Bernanke, Brookings Institution.

The conference concluded with a panel discussion on central banking with large balance sheets and included:

• Vítor Constâncio, Vice-President, European Central Bank (view slides)
• Stanley Fischer, Vice Chairman, Board of Governors of the Federal Reserve System (view comments)
• Hiroshi Nakaso, Deputy Governor, Bank of Japan (view comments)

The panel was moderated by David Wessel, director, The Hutchins Center on Fiscal and Monetary Policy and senior fellow, economic studies, Brookings Institution.

The full participant list is available here.