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Remarks by Governor Ben S. Bernanke

The economic outlook and monetary policy

At the Bond Market Association Annual Meeting, New York, New York
Presented at the World Economy Laboratory Spring Conference, Washington, D.C. April 23, 2004

April 22, 2004

I am pleased to have the opportunity to address the members of the Bond Market Association. I know that you have a keen interest in the likely future course of the economy and of monetary policy, so I will use my time today to comment on both topics. I will begin with the economic outlook, discussing prospects for economic growth, the labor market, and inflation, and conclude by drawing some implications for monetary policy. As always, my views are my responsibility alone and are not to be ascribed to my colleagues in the Federal Reserve System. ...


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