Implementing Monetary Policy in a Changing Federal Funds Market

Benjamin Lester

Economic Insights, 2019, vol. 4, issue 2, 15-20

Abstract: As the Fed normalizes its balance sheet, it helps to understand how the federal funds market used to operate, how it changed in the wake of the crisis, and what comes next.

Keywords: fed balance sheet; monetary policy; Federal Reserve (search for similar items in EconPapers)
Date: 2019
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