摘要:The Thirty-Second Annual Policy
Conference of the Federal Reserve
Bank of St. Louis brought together
economists working on the conduct of
monetary policy under uncertainty. This subject,
which has been a long-standing professional
interest of President William Poole¡¯s, is of significant
academic and theoretical interest, but also
defines the environment that confronts central
bankers around the world at each policy meeting.
In the course of these conference presentations
and discussions, frequent reference was made to
¡°Rules-of-Thumb for Guiding Monetary Policy,¡±
which President Poole published in 1971 in Open
Market Policies and Operating Procedures¡ª
Staff Studies. Because this volume is not readily
available, we have reprinted the Poole contribution
here as part of the conference proceedings.