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This article uses probability forecasts derived from options to assess evolving market uncertainty about Federal Reserve monetary policy actions in a variety of recent events and episodes. Options on federal funds futures contracts reveal a complete probability density function over possible...
Persistent link: https://www.econbiz.de/10005519630
volatility are usually coincident with major news about the stock market, the real economy, and monetary policy. …
Persistent link: https://www.econbiz.de/10005519639
Federal Reserve has repeatedly used its capacity to generate liquidity to insulate the economy from crises in financial …
Persistent link: https://www.econbiz.de/10005724855