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Waller: Using Economic Data to Understand the Economy
Thank you, Katrina, for inviting me here today.1 As I hope you all know, the Federal Reserve uses monetary policy to achieve its dual mandate of maximum employment and price stability. One of my key roles as a policymaker is to help determine what stance of policy will move the economy closer to that reality. To do that, I need to try to understand where the economy stands and where it is headed. And to do that, I look at a variety of economic and financial data. I have a team of advisers who help me compile and analyze data. But you don't need your own team of economists to get a good idea of what's happening in the ... (full story)
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FED'S WALLER DOES NOT COMMENT ON MONETARY POLICY OUTLOOK IN PREPARED REMARKS ON ECONOMIC DATA #News #Markets #ECONOMIC #live
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