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Successes and Drawbacks of the Federal Reserve and the Impact on Financial Markets

Muhammad Rashid ()

Journal of Advanced Studies in Finance, 2018, vol. 9, issue 2, 56-59

Abstract: The purpose of this paper is to provide an outline of the successes and draw backs of the Federal Reserve and the consequent impact on financial markets A review of the relevant literature from Hubbard 2008 and Dowd and Hutchinson 2010 will provide insights into the success and failures of the Federal Reserve and the impact on financial markets Further insights will be drawn from Gorton and Metrick 2013 and their interpretation of the Federal Reserve s actions since its formation Romer and Romer 2013 on the pessimism of monetary policy and Dyugen Bump et al 2013 on their assessment of the effectiveness of emergency liquidity measures

Date: 2018
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