Results 1 - 1 of 1 for PRIME [Author: G.J. Santoni]
The Fed and the Real Rate of Interest - Review
During its last session, which ended on December 23, 1982, the 97th Congress considered several bills that were intended to achieve “balanced monetary policy.” Each bill proposed that the Federal Reserve focus its policy actions on the level of real interest rates as well as the quantity of money.
research.stlouisfed.org/publications/review/1982/12/01/the-fed-and-the-real-rate-of-interest