Journal Article
Monetary policy stance: the view from consumption spending
Abstract: We should expect a third business cycle in succession in which the real federal funds rate reaches its trough well after the economy begins to recover.
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https://fraser.stlouisfed.org/title/economic-synopses-6715/monetary-policy-stance-624256
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Provider: Federal Reserve Bank of St. Louis
Part of Series: Economic Synopses
Publication Date: 2009
Order Number: 41