Managing the Fed's Liftoff and Transmission of Monetary Policy

Managing the Fed's Liftoff and Transmission of Monetary Policy
In recent years, many money and repo rates in the United States have been between zero and 25 basis points. As Fed's liftoff approaches, the question of the level of these rates (and the markets that determine them) becomes increasingly important. The paper discusses (i) whether the Fed can control short-term rates as it starts to tighten; and... READ MORE...

Publication date: September 2015
ISBN 9781513523811
$18.00

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