We anticipate making our findings public after the FOMC concludes this review sometime in 2020. Concluding Thoughts The U.S. economy enters 2019 after a year of strong growth, with inflation near our 2 percent objective, and with the unemployment rate near 50-year lows.
This reflects, among others, the lessons learned regarding the conduct of monetary policy during the bubble period of the latter half of the 1980s. At that time, our on-site bank examination was also given a clear legal backing. How will the role of the central banks around the world change in light of the current global financial crisis?