Implementing Monetary Policy in an "Ample-Reserves" Regime: The Basics (Note 1 of 3)

Jane E. Ihrig, Zeynep Senyuz and Gretchen Weinbach ()
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Jane E. Ihrig: https://www.federalreserve.gov/econres/jane-e-ihrig.htm

No 2020-07-01, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: The FOMC has stated that it intends to continue implementing monetary policy in a regime with an ample supply of reserves. This Note, the first in a three-part series, provides an introductory discussion of what it means to implement policy in such a regime and how the Fed ensures interest rate control in an environment with an ample supply of reserves in the banking system.

Date: 2020-07-01
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2020-07-01

DOI: 10.17016/2380-7172.2552

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