International Monetary Fund


Washington, DC, April 16, 2013

Rethinking Macro Policy II: First Steps and Early Lessons

SESSION I: Monetary Policy

Many targets, many instruments. Where do we stand?


Janet Yellen

Janet L. Yellen is the Vice Chair and Governor of the Board of Governors of the Federal Reserve System in Washington, DC

Read More


Lorenzo Bini-Smaghi

Lorenzo Bini-Smaghi is currently a Visiting Scholar at Harvard's Weatherhead Center for International Affairs. He was formerly a Member of the Executive Board of the European Central Bank.

Read More

Who killed the Inflation Target?
The ECB should keep a lid on Dissent
Why the currency deniers are wrong
Worry about the Euro; not price stability
Monetary Policy in Practice

Mervyn King

Sir Mervyn Allister King is Governor of the Bank of England and Chairman of the Monetary and Financial Policy Committee.

Read More

Speech given at The CBI Northern Ireland Mid-Winter Dinner, Belfast

Michael Woodford

Michael Woodford is the John Bates Clark Professor of Political Economy at Columbia University.

Read More

Inflation Targeting and Financial Stability, Sveriges Riksbank Economic Review, 2012
Methods of Policy Accommodation at the Interest-Rate Lower Bound, September 2012
Inflation Targeting: Fix It, Don't Scrap It, February 2013