Foundations

How To Think About The Monetary Reform

• Sound rules-based monetary policy and good economic performance go hand-in-hand.
• Embracing rules-based policies would provide flexibility to the Federal Reserve to adjust to economic developments in a predictable way.
• The United States could promote global stability by working with other countries to commit to a rules-based monetary strategy.
• Creating a transparent and more predictable process would help businesses, families, and workers to make long-term economic decisions without worrying about economic stability.