Bayoumi, Tamim, Giovanni Dell'Ariccia, Karl F.Habermeier, Tommaso Mancini Griffoli, and Fabian Valencia. (2014): Monetary Policy in the New Normal, IMF (International Monetary Fund) Staff Discussion Notes, No. (Number) 14/3, April. Blinder, Alan (2004). The Quiet Revolution: Central Banking Goes Modern. Yale University Press. Brunnermeier, Markus K. (2016): Financial Dominance, XII. Paolo Baffi Lecture, Banca D’Italia. Brunnermeier, Markus K. (2021).
A significant aspect of finding innovative ways to execute our duties as a central bank in a new, more complex environment has been the ongoing revolution in communication and transparency. Part of that effort has involved formally defining our goals under the mandate for maximum employment and price stability given to us by the Congress.