Monetary Policy in the New Normal: Session 4 and Closing Remarks
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Adam S. Posen, Peterson Institute for International Economics, participated in session 4, "Should Central Banks Continue to Target Longer-Term Bond Yields in Normal Times?" of the conference "Monetary Policy in the New Normal" at the 2014 Spring Meetings of the International Monetary Fund (IMF) and World Bank Group. Joining him in the discussion were Brian Sack, D.E. Shaw Group, and Paul Tucker, Harvard University. Benoît Coeuré, European Central Bank, gave the introduction, and David Lipton, IMF, gave the closing remarks.