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A simple measure of monetary policy transmission

Sam Schulhofer-Wohl

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: The Federal Open Market Committee adjusts the stance of monetary policy primarily by changing its target range for the federal funds rate. A new measure examines rate transmission efficacy across interest rates in a variety of money markets.

Keywords: monetary policy transmission; money markets (search for similar items in EconPapers)
Date: 2025-12-16
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:102282

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