Work

The FOMC’s Balance-of-Risks Statement and Market Expectations of Policy Actions

Year: 2002

Type: article

Abstract: In January 2000, the Federal Open Market Committee (FOMC) instituted the practice of issuing a “balance of risks” statement along with their policy decision immediately following each FOMC meeting. Robert H. Rasche and Daniel L. Thornton evaluate the use of the balance-of-risks statement and the market’s interpretation of it.

DOI: 10.20955/r.84.37-50

Authors: Robert H. Rasche, Daniel L. Thornton

Institution: Federal Reserve Bank of St. Louis

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: gold

OpenAlex ID: W1558355934

FWCI: 2.274

Cites: 7

Cited by: 13

Related to: 10