To mark the 20th anniversary of its Representative Office for the Americas, the Bank for International Settlements (BIS) today released "Central Banking in the Americas: Lessons from Two Decades," a volume that discusses the major developments of the last two decades in the Americas and how they might affect the future. New York Fed President John C. Williams contributed a chapter titled "Effective Dialogue and Well Anchored Inflation Expectations: Essential Tools for Navigating Challenging Times," which looks at the essential roles that both dialogue among central banks and well anchored inflation expectations can play in helping central banks navigate difficult policy challenges.
Read the chapter by President Williams and the full publication.