Work

A History of the Asymmetric Policy Directive

Year: 2000
Type: article
Abstract: From 1983 through 1999, policy directives issued by the Federal Open Market Committee (FOMC) contained a statement pertaining to possible future policy actions, which was known as the “symmetry,” “tilt,” or “bias” of the directive. In May 1999, the FOMC began to announce publicly the symmetry of its current directive.
Language: English
Open Access status: gold
OpenAlex ID: W1575692829
FWCI: 9.859
Cites: 6
Cited by: 54
Related to: 10