The Fed’s strategy for exiting from unconventional policy: key principles, potential challenges

In the wake of the crisis, the Fed’s balance sheet increased from the historical 6 percent of GDP to more than 20 percent. As plans are made to return to normal monetary policy, it’s important to be aware of the challenges and potential pitfalls of this transition.

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Year of publication:	2013
Authors:	Kliesen, Kevin L.
Published in:	The Regional Economist. - Federal Reserve Bank of St. Louis. - 2013, October
Publisher:	Federal Reserve Bank of St. Louis
Subject:	Federal Open Market Committee

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

Persistent link: https://www.econbiz.de/10010727218