He's one of the men who guide the financial course of the United States. And Thursday, Michael H.Moskow, president of the Federal Reserve Bank of Chicago, was in Warsaw on a kind of information-gathering mission. "We travel around - it's very important for us to do that, to get input from people in business, people in government, people in labor unions, people in community groups, as to what's happening in the economy," Moskow said Thursday morning in a conference room at Lake City Bank."That's an extremely important part of what we do, gathering that ...anecdotal information." The key to formulating monetary policy, he said, is making a forecast of the future, and part of that process includes finding out what people think is happening now and what they think will happen in the future.
Laurie Hahn, Times-Union Staff Writer- | July 28, 2016