The Need for Change at the Fed

Leonard Santow

Challenge, 2013, vol. 56, issue 5, 74-84

Abstract: The Federal Reserve is a bad forecaster, and its so-called forward guidance can be confusing. Moreover, not all district presidents are allowed to vote on open market operations. Instead, some make their views known publicly. Reforms could help measurably. This economist proposes several.

Date: 2013
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DOI: 10.2753/0577-5132560504

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