Working Paper
Monetary Policy Space in a Recession: Some Simple Interest Rate Arithmetic
Abstract: As an alternative, two recession scenarios are presented in which interest rates change from October 2019 levels by the same amount as seen, on average, around the 1990 and 2001 recessions.
https://doi.org/10.17016/2380-7172.2484
Access Documents
File(s): File format is text/html https://www.federalreserve.gov/econres/notes/feds-notes/monetary-policy-space-in-a-recession-20200108.htm
Authors
Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2020-01-08
Number: 2020-01-08-2