Work

Monetary Policy and Financial Market Expectations: What Did They Know and When Did They Know It?

Year: 1996

Type: article

Abstract: Interest rates sometimes seem to respond to Federal Reserve policy actions in unexpected ways—for example, falling when the Fed “tightens” monetary policy or rising when the Fed “eases” policy. In this article, the authors attempt to demystify such responses.

DOI: 10.20955/r.78.19-32

Authors: Michael R. Pakko, David C. Wheelock

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: W1582158163

FWCI: 3.183

Cites: 22

Cited by: 14

Related to: 10