Newsletter
Understanding Recent Fluctuations in Short-Term Interest Rates
Abstract: In mid-September 2019, there were sudden, large fluctuations in short-term interest rates. Why did these fluctuations happen, and what do they tell us about the Federal Reserve?s monetary policy toolkit?
Keywords: interest rates; Federal funds rate; monetary policy;
https://doi.org/10.21033/cfl-2019-423
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Provider: Federal Reserve Bank of Chicago
Part of Series: Chicago Fed Letter
Publication Date: 2019
Order Number: 423