Journal Article
Monetary policy: the whole country gets the same treatment, but results vary
Abstract: The target set by the FOMC for the federal funds rate applies to the entire country. But that single policy has a different impact on different parts of the country, depending on their concentration of interest-sensitive industries.
Keywords: Monetary policy; Economic conditions;
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https://www.stlouisfed.org/publications/regional-economist/january-2003/monetary-policy-the-whole-country-gets-the-same-treatment-but-results-vary
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: The Regional Economist
Publication Date: 2003
Issue: Jan
Pages: 12-13