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...

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Bibliografische gegevens
Hoofdauteur: Swiston, Andrew
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2007.
Reeks:IMF Working Papers; Working Paper ; No. 2007/185
Online toegang:Full text available on IMF