Michelle W Bowman: Unintended policy shifts and unexpected consequences

Speech by Ms Michelle W Bowman, Vice Chair for Supervision of the Board of Governors of the Federal Reserve System, at "Assessing the Effectiveness of Monetary Policy during and after the COVID-19 Pandemic" 2025 IJCB Research Conference, hosted by the Czech National Bank and the International Journal of Central Banking, Prague, Czech Republic, 23 June 2025.

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