PANEL I: ECONOMIC PERFORMANCE AND INFLATION

Moderator: Peter Ireland, Boston College
Panelists: Mickey Levy, Blenheim Capital Management; Sustainable Growth Momentum; Michael Bordo, Rutgers University; U.S. Inflation Is Not Too Low

PANEL II: MONETARY POLICY RECOMMENDATIONS

SOMC Policy Statement, Normalizing Monetary Policy
Moderator: Athanasios Orphanides, Massachusetts Institute of Technology
Panelists: Charles Calomiris, Columbia University and Peter Ireland, Boston College; Guidelines for Policymaking and Communication During Normalization; Bennett McCallum, Carnegie Mellon University; The Influence of the Taylor Rule

PANEL III: OPERATIONAL ISSUES IN RAISING RATES

Moderator: Athanasios Orphanides, Massachusetts Institute of Technology; Marvin Goodfriend, Carnegie Mellon University; The Fed Should Fix the Interest on Reserves Floor

Keynote Address:

John B. Taylor, Stanford University and Hoover Institution