Has the effect of monetary policy announcements on asset prices changed?

The Federal Reserve has increased communication about the future path of the federal funds target rate over time. The use of forward guidance as a policy tool has raised questions about changes in how it influences the economy.

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Year of publication:	2013
Authors:	Doh, Taeyoung ; Connolly, Michael
Published in:	Macro Bulletin. - Federal Reserve Bank of Kansas City. - 2013, Sept, p. 3-4
Publisher:	Federal Reserve Bank of Kansas City
Subject:	Federal funds rate \| Monetary policy

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010747522