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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Swiston, Andrew
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2007.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2007/185
Online Zugang:Full text available on IMF