Washington: Board of Governors of the Federal Reserve System, January. Eggertsson, Gauti B., and Michael Woodford (2003). “The Zero Bound on Interest Rates and Optimal Monetary Policy,” Brookings Papers on Economic Activity, no. 1, pp. 139–211. Femia, Katherine, Steven Friedman, and Brian Sack (2013).
Congratulations to the Financial Sector Forum member agencies for taking this step to improve 1/2  BIS central bankers' speeches  the supervision of financial conglomerates in the Philippines for the benefit of the Filipino people. Thank you and good morning! 2/2  BIS central bankers' speeches