Results 1 - 2 of 2 for Federal Funds Rate [Author: Marvin Goodfriend]
The Monetary Policy Debate Since October 1979: Lessons for Theory and Practice - Review
Monetary theory and policy have beenrevolutionized in the two decades since October 1979, when the Federal Reserveunder the leadership of Paul Volcker moved to stabilize inflation and bring itdown. On the side of practice, the decisive factor was the demonstration thatmonetary policy could acquire and maintain credibility for low inflation, andimprove the stability of both inflation and output relative to potential.
Commentary on "Announcements and the Role of Policy Guidance" - Review
Commentary on "Announcements and the Role of Policy Guidance" by Carl E. Walsh.
research.stlouisfed.org/.../2008/07/01/commentary-on-announcements-and-the-role-of-policy-guidance
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