The Federal Reserve's Balance Sheet As A Monetary Policy Tool: Past Lessons And Future Considerations, Federal Reserve Governor Michelle W. Bowman, At The 2024 BOJ-IMES Conference, Hosted By The Institute For Monetary And Economic Studies, Bank Of Japan, Tokyo, Japan
<p><span>I would like to thank the Bank of Japan and Governor Ueda for organizing this year's conference and for the invitation to participate in this afternoon's panel.</span><a href="https://www.federalreserve.gov/newsevents/speech/bowman20240528a.htm#fn1" title="footnote 1"><span>1</span></a><a name="f1"></a><span> The topic of "the effects of conventional and unconventional policy instruments" is an important one given central banks' expanded use of unconventional monetary policy to...