Newsletter

A New Frontier: Monetary Policy with Ample Reserves


Abstract: The Federal Reserve conducts the nation?s monetary policy to promote maximum employment and price stability through the federal funds rate. This issue of Page One Economics reviews the previous framework for monetary policy and then describes the Federal Reserve?s new strategy for influencing the federal funds rate and the broader economy.

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Provider: Federal Reserve Bank of St. Louis

Part of Series: Page One Economics Newsletter

Publication Date: 2019-05

Pages: 1-7