Where Have the Monetary Surprises Gone? : The Effects of FOMC Statements /
This paper examines the impact of central bank communication on market expectations of monetary policy and long-term interest rates by comparing Federal Open Market Committee (FOMC) action dates when a policy statement was made to dates before statements were issued. Increased communication has been...
Autor principal: | |
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Format: | Revista |
Idioma: | English |
Publicat: |
Washington, D.C. :
International Monetary Fund,
2007.
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Col·lecció: | IMF Working Papers; Working Paper ;
No. 2007/185 |
Accés en línia: | Full text available on IMF |