Journal Article
Has the effect of monetary policy announcements on asset prices changed?
Abstract: The Federal Reserve has increased communication about the future path of the federal funds target rate over time. The use of forward guidance as a policy tool has raised questions about changes in how it influences the economy.
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http://kansascityfed.org/publicat/research/macrobulletins/mb13Doh-Connolly0904.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Kansas City
Part of Series: Macro Bulletin
Publication Date: 2013-09
Pages: 3-4