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Monetary Policy and Food Policy

Monetary Policy and Food Policy

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Published by teembill

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Published by: teembill on Dec 20, 2011
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12/20/2011

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Monetary Policy and Food Prices
Jason HendersonOmaha Branch Executive
Federal Reserve Bank of Kansas City
The opinions expressed are those of the author and do not necessarily reflect theviews of the Federal Reserve Bank of Kansas City or the Federal Reserve System.
 
The most asked question of a Fedeconomist:
What will interest rates do in the next six months?
The answer:
 –
FOMC Statement, November 2, 2011
The Committee also decided to keep the target range for the federal funds rate at 0 to 1/4 percent 
and currently anticipates thateconomic conditions--including low rates of resource utilization anda subdued outlook for inflation over the medium run--are likely to
warrant exceptionally low levels for the federal funds rate at least through mid-2013
.

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