Revisiting risk management
Wednesday, March 25, 2020
Policymakers enter 2019 facing an unusual set of mixed signals. While fundamentals for real activity remain strong, moderating growth in large overseas economies and tighter financial market conditions point to risks. President Evans will discuss the significance of these cross-currents and explain how taking a “wait-and-see” approach at times of heightened uncertainty represents a risk management strategy that has a long historical precedent in the conduct of US monetary policy.