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"Monetary policy acts with a lag. I liken it to a good single malt whiskey or perhaps truly great tequila: It takes time before you feel its full effect. The Fed has to be very careful now to add just the right amount of stimulus to the punchbowl without mixing in the potential to juice up...
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Remarks at The Economic Club of New York, New York City.
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Central banks are always concerned with keeping long-run inflation expectations well anchored at some implicit or … expectations accurately. One such indicator frequently reported in the specialized financial press and by central banks around the …
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rule cannot be implemented when the central bank uses standing facilities, while it can be implemented with open market …
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Related links : http://www.richmondfed.org/publications/research/region_focus/2010/q2/policy_update_weblinks.cfm
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Remarks at Forecasters Club of New York, New York City.>
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Remarks hosted by the Institute of Regulation & Risk North Asia, Hong Kong
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Remarks hosted by the Institute of Regulation & Risk North Asia, Tokyo, Japan.
Persistent link: https://www.econbiz.de/10009001767
swap lines to provide central banks with cover for unwanted, but temporary accumulations of dollars and to provide foreign … central banks with dollar funds to finance their own interventions. The Treasury also began intervening in the market. The …
Persistent link: https://www.econbiz.de/10009001775