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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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: The Regional Economist

Publication Date: 2003

Issue: Jan

Pages: 12-13