U.S. monetary policy: an introduction - Part 3: How does monetary policy affect the U.S. economy?
Abstract: This is the third of four consecutive issues devoted to our updated and expanded Q&A on monetary policy: (1) \\"How is the Federal Reserve structured?\\" and \\"What are the tools of U.S. monetary policy?\\" (2) \\"What are the goals of U.S. monetary policy?\\" (3) \\"How does monetary policy affect the U.S. economy?\\" and (4) \\"How does the Fed decide the appropriate setting for the policy instrument?\\" The revised text will appear in a pamphlet soon.
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Provider: Federal Reserve Bank of San Francisco
Part of Series: FRBSF Economic Letter
Publication Date: 2004Order Number: 03