Journal Article
Strategic Review and Beyond: Rethinking Monetary Policy and Independence
Abstract: I survey monetary policy strategy, regulation, and central banks’ mandates and independence. I do not think strongly negative interest rates, vastly expanded quantitative easing, or extensive forward guidance can or should stimulate in the next recession.
JEL Classification: E52; E58; E61; G28;
https://doi.org/10.20955/r.102.99-119
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: Review
Publication Date: 2020-05
Volume: 102
Issue: 2
Pages: 99-119