Chicago Monetary Conference

The Chicago Monetary Conference, held in 1967, was a significant meeting of economists and policymakers to discuss the future of monetary policy. Key topics included managing inflation, unemployment, and economic growth, with a focus on the role of monetary policy tools like interest rates and money supply. The conference aimed to align economic strategies and address challenges in maintaining stable prices and full employment. Its insights influenced decisions on monetary policy, contributing to the development of new economic frameworks and addressing limitations of previous approaches. Overall, it was a pivotal event shaping modern monetary policy thinking.