Monetary policy: an interpretation of 1994, a challenge for 1995

David Altig

Economic Commentary, 1995, issue Feb

Abstract: A perspective on the Federal Reserve's policy moves in 1994 to maintain the desired rate of monetary growth in the face of other rising market interest rates and a suggestion that the Fed adopt formal multiyear commitments to specific inflation objectives to enhance its credibility and allow it to focus on long-term objectives.

Keywords: Interest rates; Monetary policy (search for similar items in EconPapers)
Date: 1995
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