Journal Article

Monetary Policy at the Zero Lower Bound: Revelations from the FOMC's Summary of Economic Projections

Abstract: George A. Kahn and Andrew Palmer assess how FOMC participants' projections that policy would lift off from its effective lower bound related to their projections for inflation and unemployment. The article is summarized in The Macro Bulletin.

Keywords: Federal Funds Rate; Summary of Economic Projections (SEP);

JEL Classification: E52; E43;

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Bibliographic Information

Provider: Federal Reserve Bank of Kansas City

Part of Series: Economic Review

Publication Date: 2016

Issue: Q I

Pages: 5-37