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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| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2007.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 2007/185 |
| 在线阅读: | Full text available on IMF |