Journal Article

Estimating the monetary policy rule perceived by forecasters


Abstract: Brent Bundick examines whether the FOMC?s implicit monetary policy rule, as perceived by professional forecasters, changed when the federal funds rate reached its effective lower bound.

Keywords: Federal Open Market Committee; Monetary policy;

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Bibliographic Information

Provider: Federal Reserve Bank of Kansas City

Part of Series: Macro Bulletin

Publication Date: 2015-12-28

Pages: 1-3