Year: 2006
Type: article
Abstract: The fact that Federal Reserve talk influences the behavior of financial markets has at least two important and related implications: (i) Written and verbal communication by Chairman Greenspan was taken seriously by the markets over 1999-2004. (ii) Written and verbal communication is an effective tool that the Federal Reserve has at its disposal to convey information to financial markets.
Source: Economic Synopses
DOI: 10.20955/es.2006.18
Author: Jeremy M. Piger
Language: English
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W2136122097