Journal Article

Velocity and monetary targets


Abstract: A discussion of Federal Reserve monetary targets and of their relationship to the turnover of money (velocity) in the economy, with an examination of historical trends from 1880 to 1982, and comment on the effect of interest-bearing checking accounts on velocity.

Keywords: Money supply;

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Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1983

Issue: Jun

Order Number: 2