Fed's Musalem: Well-Articulated Framework Should Include Two Or Three Likely Scenarios
C.Bankers Should Tell The Public How And Why Central Bank Makes Policy Decisions - C.Banks Should Also Avoid 'Exiting The Conversation Altogether,' Would Pose Risks In Terms Of Inflation - C.Banks Should Avoid Communications And Actions With No Framework To Make Sense Of Them - A C.Bank That Keeps Its Framework To Itse