Janet L Yellen: The economic outlook and the conduct of monetary policy

Speech by Ms Janet L Yellen, Chair of the Board of Governors of the Federal Reserve System, at the Stanford Institute for Economic Policy Research, Stanford University, Stanford, California, 19 January 2017.

The views expressed in this speech are those of the speaker and not the view of the BIS.

It is a privilege to be here today to discuss how the Federal Reserve is conducting monetary policy to promote a healthy economy.  For more than 30 years, research from the Stanford Institute for Economic Policy Research has informed economic policy, and events such as this one have helped foster debate among scholars, policymakers, business leaders, and members of the public on critical economic issues facing our nation. I appreciate the opportunity to participate.