Meyer, Laurence H. (1996). “Monetary Policy Objectives and Strategy,” speech delivered at the 38th Annual Meeting of the National Association of Business Economists, Boston, September 8, https://www.federalreserve.gov/boarddocs/speeches/1996/19960908.htm. -------- (2004). A Term at the Fed: An Insider’s View. New York: Harper Business. Orphanides, Athanasios, and John C. Williams (2013).
We need to be mindful of such events and their potentially far-reaching consequences since these could undermine our economic performance and disrupt our carefully-laid plans. Moreover, rapid technological innovations in the delivery of financial products and services are changing business models.