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Public Service That Makes a Difference® Monetary, Fiscal, and Financial Stability Policy Tools: Are We Equipped for the Next Recession? By Eric S. Rosengren April 18, 2018 Figures and Comments (pdf) Figures (pdf) more Rosengren's comments were delivered at Colby College in Waterville, ME, as part of the 2018 Economics Department annual Grossman Lecture. More information may be found here. collapse all About the Authors Eric S. Rosengren expand all Our latest information on COVID-19 Eric S. Rosengren is President & Chief Executive Officer of the Federal Reserve Bank of Boston. Resources Keywords financial stability , fiscal policy , Financial Shock , Inflation range , monetary policy , stress test , Countercyclical , Policy tools Related Content Monetary, Fiscal, and Financial Stability Policy Tools: Are We Equipped for the Next Recession? Examining policy tools, Boston Fed President asks: Are we equipped for the next shock or recession? Top takeaways from President Rosengren’s March 23 talk Boston Fed president explores ethics and economics and ways to make downturns less severe Ethics and Economics Making Cyclical Downturns Less Severe The #FedNow Service, the #FederalReserve’s new interbank real-time payment service, is searching for an industry readiness product manager responsible for supporting the end-to-end product management life cycle. Apply today: https://bit.ly/2BAoaOx About Us Reserve Bank Services Leadership & Organization Cash Services Doing Business With Us Wholesale Payments Contact Us Careers Visitor Information & Directions 600 Atlantic Avenue Boston, MA 02210-2204 map (617) 973-3000 Get email updates from the BostonFed Terms of Use & Privacy Data Privacy Site Accessibility Feedback © Federal Reserve Bank of Boston