Options for modernizing the FOMC’s operating target interest rate

Lorie Logan and Sam Schulhofer-Wohl
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Lorie Logan: https://www.dallasfed.org/fed/leadership/Logan.aspx

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: The Federal Open Market Committee primarily adjusts the stance of monetary policy through its target range for the federal funds rate. We discuss whether the fed funds rate remains the right operating target for short-term interest rates.

Keywords: FOMC; federal funds rate; interest rates (search for similar items in EconPapers)
Date: 2025-09-25
Note: This essay was published in conjunction with a speech delivered by Dallas Fed President Lorie Logan.
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https://www.dallasfed.org/research/economics/2025/0925 Full text - essay (text/html)
https://www.dallasfed.org/news/speeches/logan/2025/lkl250925 Full text - speech (text/html)

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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:101893

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