Discussion Paper
The Current Month Fed Information Effect
Abstract: Economic forecasters may believe that interest rate changes by the Federal Reserve (Fed) reveal information about the state of the economy. If so, forecasters will update their forecasts of the economy based on this information; e.g. if the Fed cuts rates unexpectedly, forecasters may conclude the economy is in worse shape than they had previously thought.
https://doi.org/10.17016/2380-7172.3656
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Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2024-11-21
Number: 2024-11-21-1