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Journal Article
Monetary policy report to the Congress, February 11, 2003
anonymous
(2003-03)
The economy of the United States has suffered a series of blows in the past few years, including the fall in equity market values that began in 2000, cutbacks in capital spending in 2001, the horrific terrorist attacks of September 11, the emergence of disturbing evidence of corporate malfeasance, and an escalation of geopolitical risks. Despite these adversities, the nation's economy emerged from its downturn in 2001 to post moderate economic growth last year. The recovery was supported by accommodative monetary and fiscal policies and undergirded by unusually rapid productivity growth that ...
Federal Reserve Bulletin
, Issue Mar
Journal Article
A review of Federal Reserve policy targets and operating guides in recent decades
Meulendyke, Ann-Marie
(1988-10)
Quarterly Review
, Volume 13
, Issue Aut
, Pages 6-17
Report
Federal Reserve policy promotes growth
anonymous
(1994)
A view of the relationship between monetary policy and the economy, reflecting the belief that maintaining price stability does not require high interest rates and less growth.
Annual Report
Journal Article
A recipe for monetary policy credibility.
Kliesen, Kevin L.
(1996-10)
Concocting a credible monetary policy is far from easy, especially with the number of ingredients there are to choose from.
The Regional Economist
, Issue Oct
, Pages 10-11
Journal Article
A history of the asymmetric policy directive
Wheelock, David C.; Thornton, Daniel L.
(2000-09)
Review
, Volume 82
, Issue Sep
, Pages 1-16
Speech
Follow-up to the semiannual monetary policy report to the Congress: testimony before the Committee on Financial Services, U.S. House of Representatives, April 30, 2003
Greenspan, Alan
(2003)
Speech
, Paper 27
Journal Article
Statements to Congress July 22-23, 1997. (economic conditions and monetary policy)
Greenspan, Alan
(1997-09)
Federal Reserve Bulletin
, Issue Sep
Working Paper
Regime switching in the dynamic relationship between the federal funds rate and nonborrowed reserves
Huh, Chan Guk
(1995)
This paper examines the dynamic relationship between changes in the funds rate and nonborrowed reserves within a reduced form framework that allows the relationship to have two distinct patterns over time. A regime switching model a la Hamilton (1989) is estimated. The two regimes are different in such characteristics as average changes in the interest rate, and volatility. The historical aerate of the API inflation rate is significantly higher in the high growth and more volatile regime. Innovations in money growth are associated with a strong anticipated inflation effect in the high ...
Working Papers in Applied Economic Theory
, Paper 95-11
Journal Article
Monetary policy report to the Congress, February 27, 2002
anonymous
(2002-03)
Last year was a difficult one for the economy of the United States. The slowdown in the growth of economic activity that had become apparent in late 2000 intensified in the first half of 2001, as businesses slashed investment spending and declines in manufacturing output steepened. Foreign economies also slowed, further reducing the demand for U.S. production. The aggressive actions by the Federal Reserve to ease the stance of monetary policy in the first half of the year provided support to consumer spending and the housing sector. Nevertheless, the weakening in activity became more ...
Federal Reserve Bulletin
, Issue Mar
, Pages 143-172
Conference Paper
The role of interest rates in Federal Reserve policymaking: discussion
Duesenberry, James S.
(2000-10)
Conference Series ; [Proceedings]
, Volume 45
, Issue Oct
, Pages 67-69
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