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Are federal funds rate changes consistent with price stability? Results from an indicator model

Authors :
Dueker, Michael J.
Fischer, Andreas M.
Source :
Federal Reserve Bank of St. Louis Review. Jan-Feb, 1996, Vol. 78 Issue 1, p45, 7 p.
Publication Year :
1996

Abstract

For U.S. monetary policy, 1994 was an eventful year. Despite little change in measured price inflation, expectations of inflation began increasing in late 1993, as interest rates on 10-year government [...]

Details

Language :
English
ISSN :
00149187
Volume :
78
Issue :
1
Database :
Gale General OneFile
Journal :
Federal Reserve Bank of St. Louis Review
Publication Type :
Periodical
Accession number :
edsgcl.18372430