While the Federal Reserve’s use of monetary “policy tools has been completely appropriate,” Fed governor Sarah Bloom Raskin said it would have been nice if the Fed could have provided “precise quantitative information” for what each tool would do, but the effects of the tools are subject to “considerable uncertainty.”

“In my view, the deployment of our monetary policy tools needs to be carefully gauged, appropriately timed and clearly communicated to the public,” Raskin told the University of Maryland Smith School of Business distinguished speaker series, according to a prepared text of her remarks released by the Fed.

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